New Mexico Statutes

§ 74-10-77 — Interest after maturity

New Mexico·Ch. 74 Environmental Improvement·Art. 10 Solid Waste Authority
No interest shall accrue on any security in the Solid Waste Authority Act 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

Laws 1993, ch. 319, § 77.

Nearby Sections

15
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