New Mexico Statutes
§ 72-17-80 — Interest after maturity
No interest shall accrue on any security herein authorized after it becomes due and payable, provided funds for the payment of the principal of and the interest on the security and any prior redemption premium due are available to the paying agent for such payment without default.
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Legislative History
1953 Comp., § 75-38-80, enacted by Laws 1967, ch. 156, § 80.
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[Traveler's use of water.]