There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 37 - Limitation of Actions; Abatement and Revivor
Article 1 - Limitations of Actions
Section 37-1-6 - Accrual of cause of action on open accounts.
NM Stat § 37-1-6 (2016) What's This?
37-1-6. [Accrual of cause of action on open accounts.]
When there is an open current account the cause of action shall be deemed to have accrued upon the date of the last item therein, as proved on the trial.
History: Laws 1880, ch. 5, 7; C.L. 1884, 1866; C.L. 1897, 2919; Code 1915, 3351; C.S. 1929, 83-106; 1941 Comp., 27-105; 1953 Comp., 23-1-6.
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