NMSA 58-7-3.4. Right of rescission — United States — New Mexico law | Esheria

NMSA 58-7-3.4. Right of rescission

Borrowers have a right to rescind certain precomputed loan transactions if they return the full amount advanced on time; lenders must not charge a rescission fee and must refund any fee collected.

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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fees loan rescission refunds

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