New Mexico § 66-5-216 - Installment payment of judgments; default
Full text of New Mexico New Mexico Statutes Annotated § 66-5-216 — Installment payment of judgments; default, with citation guidance and answers to common questions.
§ 66-5-216. Installment payment of judgments; default
A. A judgment debtor, upon due notice to the judgment creditor, may apply to the court
in which the judgment was rendered for the privilege of paying the judgment in installments,
and the court in its discretion and without prejudice to any other legal remedies
which the judgment creditor may have may so order and fix the amounts and times of
payment of the installments. B. The division shall not suspend a license, registration or nonresident's operating
privilege and shall restore any license, registration or nonresident's operating privilege
suspended following nonpayment of a judgment when the judgment debtor gives evidence
of financial responsibility and obtains an order permitting the payment of the judgment
in installments and while the payment of any installments is not in default.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 66-5-216
What does New Mexico Statutes Annotated § 66-5-216 cover?
Section 66-5-216 ("Installment payment of judgments; default") 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 § 66-5-216?
A common citation format is "New Mexico Statutes Annotated § 66-5-216" (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 § 66-5-216 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.