New Mexico § 58-1-83 - Unlawful use of words “safe deposit”

Full text of New Mexico New Mexico Statutes Annotated § 58-1-83 — Unlawful use of words “safe deposit”, with citation guidance and answers to common questions.

§ 58-1-83. Unlawful use of words “safe deposit”

It is unlawful for any person to use the words “safe deposit,” “safety deposit” or

other words deceptively similar thereto, in connection with the rental of storage

space, or in the title or name under which business was done, unless he is: A. a person subject to the jurisdiction of the banking department [financial institutions

division of the regulation and licensing department] of this state; B. a manufacturer or dealer in safe deposit facilities or equipment; C. an association, the membership of which is composed of officers or institutions

subject to the jurisdiction of the banking department [financial institutions division]

of this or other states; or D. a person who makes no charge for such space.

Source: official New Mexico text · Last verified 2026-08-27

Frequently Asked Questions About New Mexico § 58-1-83

What does New Mexico Statutes Annotated § 58-1-83 cover?

Section 58-1-83 ("Unlawful use of words “safe deposit”") 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 § 58-1-83?

A common citation format is "New Mexico Statutes Annotated § 58-1-83" (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 § 58-1-83 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.