Section 57-28-3 - Applicability of act.

NM Stat § 57-28-3 (2019) (N/A)
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The provisions of the Prompt Payment Act do not apply to construction contracts for residential property containing four or fewer dwelling units.

History: Laws 2001, ch. 68, § 3; 2007, ch. 213, § 3.

The 2007 amendment, effective June 15, 2007, changed the title of the act.