Statutes > New Mexico Statutes > Chapter 3 - Municipalities. > Article 35 - Fire-Fighting Facilities, 3-35-1 through 3-35-9. > Section 3-35-9 - Interest on assessments; penalties after delinquency.

Section 3-35-9 - Interest on assessments; penalties after delinquency.

3-35-9. Interest on assessments; penalties after delinquency.

Assessments shall bear interest at the rate provided in the ordinance and from the date of the publication of the assessing ordinance until paid. The ordinance shall prescribe when the assessments become due and delinquent, and the penalties payable after delinquency.