Prohibition of requiring purchase of service contract as a condition of loan approval or purchase of property.

  1. Law
  2. New Mexico Statutes
  3. Insurance Code
  4. Service Contract Regulation
  5. Prohibition of requiring purchase of service contract as a condition of loan approval or purchase of property.

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No person may require the purchase of a service contract as a condition for the approval of a loan or the purchasing of property.

History: Laws 2001, ch. 206, § 14.

ANNOTATIONS

Effective dates. — Laws 2001, ch. 206, § 20 made Laws 2001, ch. 206, § 14 effective July 1, 2002.


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