{"data":{"id":"us-nm/56-8-5","jurisdiction":"us-nm","citation":"56-8-5","heading":"Interest; open accounts.","body":"In current or open accounts there shall not be collected more than fifteen percent interest annually thereon, thirty days after the delivery of the last article or service; provided that the parties may set a higher rate by agreement.","path":["Chapter 56 - Commercial Instruments and Transactions","ARTICLE 8 Money, Interest and Usury"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18559/index.do","current_through":"2024-04-26","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"3ab19d66bd2802ac3f584ffe2d8f54c99ae2f9713a5ed66910a79ddb9b402459","source_id":"us-nm","stale":false,"prev":"us-nm/56-8-4","next":"us-nm/56-8-6"},"notice":"GroundRules: Original legal text. Not legal advice."}