New Mexico Statutes 21-30-9. Enforcement; penalties
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A. An action to enforce the imposition and collection of an athletic facility surcharge by a vendor may be brought by a university.
Terms Used In New Mexico Statutes 21-30-9
- Contract: A legal written agreement that becomes binding when signed.
B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract.
C. A judgment issued by a district court requiring athletic facility surcharge receipts to be paid to a university by a vendor shall also award interest at an annual rate of twelve percent on past due amounts, attorney fees and costs to a university.