N.M. Stat. § 45-3-904

Interest on general pecuniary devise.

Last amended: 1975Year: 2026Length: 54 wordsOfficial source
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.
N.M. Stat. § 45-3-904: Interest on general pecuniary devise. | Justis AI