For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

[Denominations to be reduced to lawful basis in actions.]

NMSA 1978, § 56-8-2
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
56-8-2. [Denominations to be reduced to lawful basis in actions.] The above section [56-8-1 NMSA 1978] shall not in any manner affect any demand in money of another denomination, but such demand in any suit or proceeding affecting the same shall be reduced to the above denomination. Laws 1851-1852, p. 254; C.L. 1865, ch. 79, § 2; C.L. 1884, § 1733; C.L. 1897, § 2549; Code 1915, § 3524; C.S. 1929, § 89-102; 1941 Comp., § 53-602; 1953 Comp., § 50-6-2.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18559/index.do#!b/56-8-2Fetched: 10/20/2026

Starting a business in New Mexico? New Mexico LLC guide: costs and requirements