New Mexico Statutes

§ 72-18-61 — Interest after maturity

New Mexico·Ch. 72 Water Law·Art. 18 Flood Control Districts
No interest shall accrue on any security 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 payment without default.

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Legislative History

Laws 1981, ch. 377, § 61.

Nearby Sections

15
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