Statutes > New Mexico Statutes > Chapter 37 - Limitation of Actions; Abatement and Revivor. > Article 1 - Limitations of Actions, 37-1-1 through 37-1-30. > Section 37-1-6 - Accrual of cause of action on open accounts.

Section 37-1-6 - Accrual of cause of action on open accounts.

37-1-6. [Accrual of cause of action on open accounts.]

When there is an open current account the cause of action shall be deemed to have accrued upon the date of the last item therein, as proved on the trial.