New Mexico § 58-1-16 - Special remedies for nonpayment of rent
Full text of New Mexico New Mexico Statutes Annotated § 58-1-16 — Special remedies for nonpayment of rent, with citation guidance and answers to common questions.
§ 58-1-16. Special remedies for nonpayment of rent
A. If the rental due on a safe deposit box has not been paid for six months, the lessor
may send a notice by certified or registered mail to the last known address of the
lessee stating that the safe deposit box will be opened and its contents stored at
the expense of the lessee unless payment of the rental is made within thirty days. If the rental is not paid within thirty days from the mailing of the notice, the
box may be opened in the presence of an officer of the lessor and of a notary public
who is not a director, officer, employee or stockholder of the lessor. The contents shall be sealed in a package by the notary public who shall write on
the outside the name of the lessee and the date of the opening. The notary public shall execute a certificate reciting the name of the lessee, the
date of the opening of the box and a list of its contents. The certificate shall be included in the package and a copy of the certificate shall
be sent by registered mail to the last known address of the lessee. The package shall then be placed in the general vaults of the lessor at a rental
not exceeding the rental previously charged for the box. B. If the contents of the box are not claimed within the time prescribed by the Uniform
Disposition of Unclaimed Property Act, they shall be disposed of as provided therein. Upon a sale of such contents by the state treasurer, the lessor shall be reimbursed
for the accrued rental and storage charges from the proceeds of the sale.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 58-1-16
What does New Mexico Statutes Annotated § 58-1-16 cover?
Section 58-1-16 ("Special remedies for nonpayment of rent") 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 § 58-1-16?
A common citation format is "New Mexico Statutes Annotated § 58-1-16" (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 § 58-1-16 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.