{"data":{"id":"us-nm/39-4c-10","jurisdiction":"us-nm","citation":"39-4C-10","heading":"Pre-judgment and judgment interest.","body":"A. With respect to a foreign-money claim, recovery of pre-judgment or pre-award interest and the rate of interest to be applied in the action or distribution proceeding, except as provided in Subsection B of this section, are matters of the substantive law governing the right to recovery under the conflict-of-laws rules of this state.\nB. The court or arbitrator shall increase or decrease the amount of pre-judgment or pre-award interest otherwise payable in a judgment or award in foreign money to the extent required by the law of this state governing a failure to make or accept an offer of settlement or offer of judgment, or conduct by a party or its attorney causing undue delay or expense.\nC. A judgment or award on a foreign-money claim bears interest at the rate applicable to judgments of this state.","path":["Chapter 39 - Judgments, Costs, Appeals","ARTICLE 4C Foreign-Money Claims"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18539/index.do","current_through":"2024-10-16","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"d8fc91970d88865e1462390432ef29d316ea3668bc7156599defc5256913e2ca","source_id":"us-nm","stale":false,"prev":"us-nm/39-4c-9","next":"us-nm/39-4c-11"},"notice":"GroundRules: Original legal text. Not legal advice."}