New Mexico Statutes 37-1-23. Contractual liability; statute of limitations
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A. Governmental entities are granted immunity from actions based on contract, except actions based on a valid written contract.
Terms Used In New Mexico Statutes 37-1-23
- Contract: A legal written agreement that becomes binding when signed.
B. Every claim permitted by this section shall be forever barred unless brought within two years from the time of accrual.