N.M. Stat. § 42-10-13

Current through 2024, ch. 69
Section 42-10-13 - Claim of exemption or priority
A. Any person desiring to claim that property is exempt from execution or garnishment or is subject to execution only after other property is used to satisfy a debt under the provisions of Sections 40-3-10 and 40-3-11 NMSA 1978 shall file a claim of exemption or priority in the appropriate court; provided that the time to file that claim of exemption shall not be less than ten days after the filing of a writ of execution as set forth in New Mexico Rule of Civil Procedure 1-065.1 [1-065.1 NMRA].
B. A notice of the right to claim exemption to garnishment, execution, levy, attachment or foreclosure or a form to file or claim that exemption shall be provided by the creditor to the person whose property is subject to garnishment, execution, levy, attachment or foreclosure, and that notice shall contain a complete list of exemptions provided by the law.

NMS § 42-10-13

1953 Comp., § 24-7-1, enacted by Laws 1975, ch. 246, § 1.
Amended by 2023, c. 104,s. 9, eff. 7/1/2023.