New Mexico Statutes

N.M. Stat. § 58-15-34 (2026)

Repealed

✓ current as of May 2026

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History: Laws 2007, ch. 86, § 16; repealed by Laws 2017, ch. 110, § 25.

ANNOTATIONS

Repeals. — Laws 2017, ch. 110, § 25 repealed 58-15-34 NMSA 1978, as enacted by Laws 2007, ch. 86, § 16, relating to payday loan products, prohibited acts, effective January 1, 2018. For provisions of former section, see the 2017 NMSA on NMOneSource.com.

Notes of Decisions

Cited in 3 cases, 2014–2017 · leading case: State Ex Rel. King v. B&B Inv. Grp., Inc., 2014 NMSC 24 (N.M. 2014).

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State Ex Rel. King v. B&B Inv. Grp., Inc., 2014 NMSC 24 (N.M. 2014). · cites it 2× “” Section 58-15-34(D). Their success in evading application of the Small Loan Act does not immunize Defendants from other laws that prohibit unconscionable loan practices.”

Daye v. Cmty. Fin. Loan Serv. Centers, LLC, 280 F. Supp. 3d 1222 (D.N.M. 2017). · cites it 4× “” N.M. Stat. Ann. § 58-15-32 (B). 68. Lenders cannot “enter into an agreement for a renewed payday loan or otherwise refinance or extend the term of a payday loan.”

Daye v. Cmty. Fin. Serv. Centers, LLC, 233 F. Supp. 3d 946 (D.N.M. 2017). “1978 § 58-15-34(A). See Supportive MSJ Brief at 17.”

— N.M. Stat. § 58-15-34(A) — 1 case

Daye v. Cmty. Fin. Serv. Centers, LLC, 233 F. Supp. 3d 946 (D.N.M. 2017). “1978 § 58-15-34(A). See Supportive MSJ Brief at 17.”

— N.M. Stat. § 58-15-34(D) — 1 case

State Ex Rel. King v. B&B Inv. Grp., Inc., 2014 NMSC 24 (N.M. 2014). “” Section 58-15-34(D). Their success in evading application of the Small Loan Act does not immunize Defendants from other laws that prohibit unconscionable loan practices.”

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