AN ACT

RELATING TO HOME LOANS; REPEALING A SECTION OF THE HOME LOAN PROTECTION ACT CONCERNING CLAIMS AGAINST CERTAIN PERSONS; DECLARING AN EMERGENCY.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. REPEAL.--Section 58-21A-7 NMSA 1978 (being Laws 2003, Chapter 436, Section 7) is repealed.

Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.