Liberal interpretation.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Mortgage Finance Authority
  5. Liberal interpretation.

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The Mortgage Finance Authority Act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect its purposes.

History: 1953 Comp., § 13-19-27, enacted by Laws 1975, ch. 303, § 27; 1995, ch. 9, § 36.

ANNOTATIONS

The 1995 amendment, effective June 16, 1995, substituted "effect its purposes" for "effect the purposes thereof" at the end.


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