New Mexico § 44-5-11 - Stakeholder's liability; demand required
Full text of New Mexico New Mexico Statutes Annotated § 44-5-11 — Stakeholder's liability; demand required, with citation guidance and answers to common questions.
§ 44-5-11. Stakeholder's liability; demand required
Every stakeholder who shall knowingly receive any money or property, staked upon any
betting, declared gaming by the provisions of this chapter, shall be liable to the
party who placed such money or property in his hands, both before and after the determination
of such bet, and the delivery of the money or property to the winner shall be no defense
to an action brought by the loser for the recovery thereof: provided, that no stakeholder
shall be liable afterwards, unless a demand has been made upon such stakeholder for
the money or property in his possession previous to the expiration of the time agreed
upon by the parties for the determination of such bet or wager.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 44-5-11
What does New Mexico Statutes Annotated § 44-5-11 cover?
Section 44-5-11 ("Stakeholder's liability; demand required") 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 § 44-5-11?
A common citation format is "New Mexico Statutes Annotated § 44-5-11" (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 § 44-5-11 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.