§ 55-4-401 When bank may charge customer’s account
§ 55-4-402 Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account
§ 55-4-403 Customer’s right to stop payment; burden of proof of loss
§ 55-4-404 Bank not obliged to pay check more than six months old
§ 55-4-405 Death or incompetence of customer
§ 55-4-406 Customer’s duty to discover and report unauthorized signature or alteration
§ 55-4-407 Payor bank’s right to subrogation on improper payment
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Terms Used In New Mexico Statutes > Chapter 55 > Article 4 > Part 4

  • Arrest: Taking physical custody of a person by lawful authority.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.