N.M. Stat. § 45-3-904

Current through 2024, ch. 69
Section 45-3-904 - Interest on general pecuniary devise

General pecuniary devises bear interest at five percent per annum beginning one year after the first appointment of a personal representative until payment, unless a contrary intent is indicated by the will or unless distribution is withheld under the provisions of a court order upon a showing of good cause by the personal representative.

NMS § 45-3-904

1953 Comp., § 32A-3-904, enacted by Laws 1975, ch. 257, § 3-904.