New Mexico Statutes > Chapter 59A > Article 17A – Personal Insurance Credit Information Act
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In New Mexico Statutes > Chapter 59A > Article 17A - Personal Insurance Credit Information Act
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Credit report: A detailed report of an individual's credit history prepared by a credit bureau and used by a lender in determining a loan applicant's creditworthiness. Source: OCC
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.