Section 73-13-13 - [Total of loans not to exceed maximum.]

NM Stat § 73-13-13 (2019) (N/A)
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No second or subsequent loan shall be made hereunder where the total thereof, including loan previously made hereunder, shall exceed the maximum amount per acre authorized hereunder.

History: Laws 1933, ch. 52, § 6; 1941 Comp., § 77-2513; 1953 Comp., § 75-26-13.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Cross references. — For loan amount limit, see 73-13-8 NMSA 1978.