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New Mexico Statutes > Chapter 58 > Article 8 – National Housing Act Loans and Obligations

Current as of: 2023 | Check for updates | Other versions
§ 58-8-1 Powers of banks, financial institutions and lenders approved for loans by the National Housing Act
§ 58-8-2 State laws; exemption
§ 58-8-3 [Collateral as security for deposit of funds; investment of capital or surplus; eligible securities.]

Terms Used In New Mexico Statutes > Chapter 58 > Article 8 - National Housing Act Loans and Obligations

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.

New Mexico Statutes > Chapter 58 > Article 8 – Enforcement

Current as of: 2023 | Check for updates | Other versions
§ 58-32-801 Suspension and revocation; receivership
§ 58-32-802 Suspension and revocation of authorized delegates
§ 58-32-803 Orders to cease and desist
§ 58-32-804 Consent orders
§ 58-32-805 Emergency orders
§ 58-32-806 Civil penalties
§ 58-32-807 Criminal penalties
§ 58-32-808 Unlicensed persons

Terms Used In New Mexico Statutes > Chapter 58 > Article 8 - Enforcement

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fraud: Intentional deception resulting in injury to another.
  • Statute: A law passed by a legislature.
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.