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Money placed in suspense; escheat

NMSA 1978, § 69-9-10
in effect
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69-9-10. Money placed in suspense; escheat Any money payable to unknown owners or to owners whose addresses are unknown under leases effectuated by an order of consolidation pursuant to this act [69-9-1 to 69-9-10 NMSA 1978] shall be placed in suspense with the state treasurer who shall hold said money for payment upon demand and proof of ownership. Any money held in suspense for a period of ten years or longer shall be handled pursuant to the Uniform Disposition of Unclaimed Property Act [repealed]. 1953 Comp., § 63-32-10, enacted by Laws 1967, ch. 33, § 10.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18572/index.do#!b/69-9-10Fetched: 10/20/2026

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