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Section 12-5-3 - Legal holidays; Sundays; effect on commercial paper.

NM Stat § 12-5-3 (2019) (N/A)
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A. Whenever a legal public holiday falls on Sunday, the following Monday is a legal public holiday.

B. Any bill, check or note presentable for acceptance or payment on a legal public holiday or on a Sunday is payable and presentable for acceptance or payment on the next business day after the legal public holiday or Sunday.

History: 1953 Comp., § 56-1-3, enacted by Laws 1969, ch. 114, § 2.

Repeals and reenactments. — Laws 1969, ch. 114, § 2, repealed 56-1-3, 1953 Comp., relating to the designation of October 12, Columbus Day, as a legal holiday, and enacted a new section.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks § 710; 11 Am. Jur. 2d Bills and Notes §§ 49, 732, 736; 73 Am. Jur. 2d Sundays and Holidays § 5.

10 C.J.S. Bills and Notes §§ 37, 208; 40 C.J.S. Holidays § 4.

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Section 12-5-3 - Legal holidays; Sundays; effect on commercial paper.