Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 10 - Savings and Loan Associations, 58-10-1 through 58-10-111. > Section 58-10-37 - Dealing in real estate loans.

Section 58-10-37 - Dealing in real estate loans.

58-10-37. Dealing in real estate loans.

Every association may purchase real estate loans upon security of the same character against which the association may make an original loan and also may lend money on the security of such real estate loans.