State Codes and Statutes

Statutes > New-mexico > Chapter-56 > Article-8 > Section-56-8-5

56-8-5. Interest; open accounts.

In current or open accounts there shall not be collected more than fifteen percent interest annually thereon, thirty days after the delivery of the last article or service; provided that the parties may set a higher rate by agreement.   

State Codes and Statutes

Statutes > New-mexico > Chapter-56 > Article-8 > Section-56-8-5

56-8-5. Interest; open accounts.

In current or open accounts there shall not be collected more than fifteen percent interest annually thereon, thirty days after the delivery of the last article or service; provided that the parties may set a higher rate by agreement.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-56 > Article-8 > Section-56-8-5

56-8-5. Interest; open accounts.

In current or open accounts there shall not be collected more than fifteen percent interest annually thereon, thirty days after the delivery of the last article or service; provided that the parties may set a higher rate by agreement.