Application of Unfair Practices Act.

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Home Loan Protection
  5. Application of Unfair Practices Act.

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A violation of the Home Loan Protection Act constitutes an unfair or deceptive trade practice pursuant to the Unfair Practices Act [Chapter 57, Article 12 NMSA 1978].

History: Laws 2003, ch. 436, § 12.

ANNOTATIONS

Effective dates. — Laws 2003, ch. 436 contains no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, is effective June 20, 2003, 90 days after adjournment of the legislature.

Applicability. — Laws 2003, ch. 436, § 19A made the Home Loan Protection Act applicable to all home loans made or entered into after January 1, 2004.


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