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2018 New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 11A - Leasing of Safe Deposit Facilities
Section 58-11A-5 - Adverse claims to contents of a safe deposit box.
Universal Citation: NM Stat § 58-11A-5 (2018)
58-11A-5. Adverse claims to contents of a safe deposit box.
A. An adverse claim to the contents of a safe deposit box or to property held in safekeeping is not sufficient to require the lessor to deny access to its lessee unless the lessor is directed to do so by court order.
B. An adverse claim includes, but is not limited to, the following:
(1) one of several lessees claims, contrary to the terms of the lease, an exclusive right of access;
(2) a person claims a right of access as an officer or agent of a lessee to the exclusion of others as agents or officers; or
(3) it is claimed that a lessee is the same person as one using another name.
History: Laws 1991, ch. 51, § 25.
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