Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 19 - Motor Vehicle Sales Finance, 58-19-1 through 58-19-14. > Section 58-19-13 - Creditor compliance with federal regulation deemed compliance with this act.

Section 58-19-13 - Creditor compliance with federal regulation deemed compliance with this act.

58-19-13. Creditor compliance with federal regulation deemed compliance with this act.

Any creditor engaging in transactions subject to the provisions of the Motor Vehicle Sales Finance Act [58-19-1 NMSA 1978] who complies with the provisions of 15 United States Code Sections 1601 through 1665, and the regulations promulgated pursuant thereto, shall be deemed to have complied with applicable disclosure provisions of the Motor Vehicle Sales Finance Act.