{"data":{"id":"us-nm/62-13-13","jurisdiction":"us-nm","citation":"62-13-13","heading":"Deposits; interest.","body":"Interest on deposits shall be set annually at a rate equal to the federal five-year treasury note rate as reported on the first day of the calendar year by the federal reserve board of governors and shall be paid on any deposit required of a consumer by any public utility as defined in Section 62-3-3 NMSA 1978 or by any telephone company as defined in Section 63-9-2 NMSA 1978 or by any waterworks organized under Chapter 62, Article 2 NMSA 1978.","path":["Chapter 62 - Electric, Gas and Water Utilities","ARTICLE 13 Public Utility Act Miscellaneous Provisions"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18565/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"34f89db14130faec758ea78478151c10d617ae3346d2229d15e32be67d49d130","source_id":"us-nm","stale":false,"prev":"us-nm/62-13-12.1","next":"us-nm/62-13-13.1"},"notice":"GroundRules: Original legal text. Not legal advice."}