New Mexico § 3-37-7 Determination of uncollectable account; removal from

New Mexico Statutes

§ 3-37-7 — Determination of uncollectable account; removal from

New Mexico § 3-37-7

Ch. 3Municipalities

Art. 37Municipal Finances

This text of New Mexico § 3-37-7 (Determination of uncollectable account; removal from) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 3-37-7 (2026).

Text

accounts receivable. If the finance officer of a municipality states: A. the manner in which a utility account or any unsecured account has been incurred; B. the efforts made to collect the utility account or unsecured account and to locate the debtor; C. that the utility account or unsecured account has been uncollectable for a period of more than four years; and D. that in his opinion the utility account or unsecured account is uncollectable, the governing body of a municipality may, by resolution, remove the uncollectable utility account or unsecured account from the list of accounts receivable of the municipality.

Free access — add to your briefcase to read the full text and ask questions with AI

accounts receivable. If the finance officer of a municipality states: A. the manner in which a utility account or any unsecured account has been incurred; B. the efforts made to collect the utility account or unsecured account and to locate the debtor; C. that the utility account or unsecured account has been uncollectable for a period of more than four years; and D. that in his opinion the utility account or unsecured account is uncollectable, the governing body of a municipality may, by resolution, remove the uncollectable utility account or unsecured account from the list of accounts receivable of the municipality.