Section 34-6-38 - Finance; disposition of unclaimed money.

NM Stat § 34-6-38 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

When money is held in the court clerk trust account and the person entitled to it does not make claim within six years from the date when it became payable, the money is presumed abandoned and shall be disposed of in the manner provided in the Uniform Disposition of Unclaimed Property Act [Uniform Unclaimed Property Act (1995), Chapter 7, Article 8A NMSA 1978].

History: 1953 Comp., § 16-3-26, enacted by Laws 1968, ch. 69, § 40.

Repeals and reenactments. — Laws 1968, ch. 69, § 69, repealed former 16-3-26, 1953 Comp., relating to levy and collection of state court tax fund.

Compiler's notes. — The Uniform Disposition of Unclaimed Property Act, referred to in this section, was repealed by Laws 1997, ch. 25, § 33. The Uniform Disposition of Unclaimed Property Act was replaced by the Uniform Unclaimed Property Act (1995). The bracketed insertion was added by the compiler and is not a part of the enacted law.