Statutes > New Mexico Statutes > Chapter 58 - Financial Institutions and Regulations. > Article 28 - Land Title Trust Funds, 58-28-1 through 58-28-8. > Section 58-28-3 - Land title trust fund created.

Section 58-28-3 - Land title trust fund created.

58-28-3. Land title trust fund created.

The "land title trust fund" is created. The New Mexico mortgage finance authority shall be the trustee for the fund. The trustee shall deposit in the fund money received by it pursuant to the Low-Income Housing Trust Act [58-18B-1 NMSA 1978].