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2017 New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 8 - Money, Interest and Usury
Section 56-8-2 - Denominations to be reduced to lawful basis in actions.
Universal Citation: NM Stat § 56-8-2 (2017)
56-8-2. [Denominations to be reduced to lawful basis in actions.]
The above section [56-8-1 NMSA 1978] shall not in any manner affect any demand in money of another denomination, but such demand in any suit or proceeding affecting the same shall be reduced to the above denomination.
History: Laws 1851-1852, p. 254; C.L. 1865, ch. 79, 2; C.L. 1884, 1733; C.L. 1897, 2549; Code 1915, 3524; C.S. 1929, 89-102; 1941 Comp., 53-602; 1953 Comp., 50-6-2.
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