There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 76: Agriculture
Article 15: Fruit and Vegetable Standards, 76-15-1 through 76-15-22
Section 76-15-21: Individual action on bond.
Universal Citation:
NM Stat § 76-15-21 (1996 through 1st Sess 50th Legis)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
76-15-21. Individual action on bond.
In the absence of written agreement between the parties, setting a shorter time, no action by an owner or grower for payment from any broker or other person for any load or lot of produce shall be commenced prior to sixty days from the time of shipment. After sixty days from the date of shipment such action can be maintained against the broker and his bond unless the broker has ample justification to show why the payments have not been made.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
