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.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Cross reference. — For the meaning of the words "above denomination" as referring to the dollar, cent and mill, see 56-8-1 NMSA 1978.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 58 C.J.S. Mines § 141.
Structure New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 8 - Money, Interest and Usury
Section 56-8-1 - [Lawful money; definition; application.]
Section 56-8-2 - [Denominations to be reduced to lawful basis in actions.]
Section 56-8-3 - Interest rate; no written contract.
Section 56-8-4 - Judgments and decrees; basis of computing interest.
Section 56-8-5 - Interest; open accounts.
Section 56-8-6 - Grain purchase contracts; disclosure regarding act of God clause.
Section 56-8-7 - Procuring loans; rate of commission; exceptions.
Section 56-8-8 - [Excessive commission for procuring loan; penalty.]
Section 56-8-9 - Excessive charges prohibited; applicability of maximum rates; definition.
Section 56-8-10 - Farm, ranch and agriculture loans.
Section 56-8-12 - Loans by agent; liability of principal.
Section 56-8-13 - Penalties and forfeitures.
Section 56-8-14 - Criminal penalty.
Section 56-8-15 to 56-8-20 - Repealed.
Section 56-8-21 - Usury; corporations and limited partnerships.
Section 56-8-22 - Short title.
Section 56-8-23 - Purpose of act.
Section 56-8-24 - Definitions.
Section 56-8-25 to 56-8-28 - Repealed.