N.M. Stat. § 37-1-25
This is the official text of N.M. Stat. § 37-1-25, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 37-1-25. Suit, etc., on municipal and other local governmental bonds or coupons
Official statutory text
No suit, action or proceeding at law or equity, for the recovery of judgment upon, or the enforcement or collection of, any bond of any county, city, town, school district or other municipality in this state, or upon any coupon thereto attached, shall be commenced except within ten years next after the date of the maturity of such bond or coupon, and all such suits or action not so commenced shall be forever barred.
Status: in_force
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