Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 10 - Savings and Loan Associations, 58-10-1 through 58-10-111. > Section 58-10-42 - Insured and guaranteed loans.

Section 58-10-42 - Insured and guaranteed loans.

58-10-42. Insured and guaranteed loans.

Any association may make, without regard to any loan limitations or restrictions otherwise imposed by the Savings and Loan Act [58-10-1 NMSA 1978], any loan, secured or unsecured, which is insured or guaranteed in any manner and in any amount by the United States or any instrumentality thereof.