NMSA 1978, § 7-8A-3 — 7-8A-3

Contents of safe deposit box or other safekeeping
depository.
Tangible property held in a safe deposit box or other safekeeping depository in this
state in the ordinary course of the holder's business and proceeds resulting from the
sale of the property permitted by other law, are presumed abandoned if the property
remains unclaimed by the owner for more than five years after expiration of the lease or
rental period on the box or other depository.