New Mexico § 37-1-16 - Revival of causes of action
Full text of New Mexico New Mexico Statutes Annotated § 37-1-16 — Revival of causes of action, with citation guidance and answers to common questions.
§ 37-1-16. Revival of causes of action
Causes of action founded upon contract shall be revived by the making of any partial
or installment payment thereon or by an admission that the debt is unpaid, as well
as by a new promise to pay the same; but such admission or new promise must be in
writing, signed by the party to be charged therewith. Such a cause of action shall be deemed to have accrued upon the date of such partial
or installment payment, admission of indebtedness or promise to pay. Provided, that no admission that the debt is unpaid or new promise to pay the same
shall be effective to extend the lien of any mortgage upon real estate or any interest
therein given to secure the original indebtedness, unless the payment is accompanied
by an admission or promise and unless such admission that the debt is unpaid or new
promise to pay the same, signed by the party to be charged therewith and acknowledged
by such party in the form prescribed by law for the acknowledgments of instruments
affecting real estate, shall be filed for record in the office of the county clerk
where said original mortgage is of record, prior to the date when any action to foreclose
said mortgage lien would otherwise be barred under existing law; and provided further,
that the foregoing proviso shall not be applicable to any recorded mortgage upon real
estate or any interest therein until after three months from the effective date of
this act.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 37-1-16
What does New Mexico Statutes Annotated § 37-1-16 cover?
Section 37-1-16 ("Revival of causes of action") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 37-1-16?
A common citation format is "New Mexico Statutes Annotated § 37-1-16" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 37-1-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.