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New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-21A-8. Subterfuge prohibited

Current as of January 01, 2024 | Updated by FindLaw Staff

No person shall, with the intent to avoid the application or provisions of the Home Loan Protection Act:

A. divide a loan transaction into separate parts;

B. structure a home loan transaction as an open-end loan when the loan would have been a high-cost home loan if the loan had been structured as a closed-end loan; or

C. perform any other subterfuge.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-21A-8. Subterfuge prohibited - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-58-financial-institutions-and-regulations/nm-st-sect-58-21a-8/

Read this complete New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-21A-8. Subterfuge prohibited on Westlaw. Westlaw subscription required.

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