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State money laws

New Mexico

Security deposit, gift card cash back, and final paycheck law for New Mexico — each rule with its statute citation and the date it was verified.

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Security deposit

Your landlord had 30 days to return your deposit or list the deductions in writing. If they were late or kept it wrongly, a landlord who keeps your money in bad faith can owe a civil penalty of up to $250 plus fees, and lose the right to keep any of it.

Return deadline30 days

If the landlord is late or keeps it wronglyForfeiture of the right to withhold, plus a civil penalty of up to $250 for bad-faith retention, plus attorney fees

N.M. Stat. § 47-8-18 · Verified 2026-10-21 · Read the statute

Gift card cash back

No statute

This state has no law that lets you cash out a small gift card balance. The card keeps working until it is used up or expires under federal rules.

Cash backNo statute

No state cash-back statute · Verified 2026-10-21

No state cash-redemption statute found in the statute survey for this run; federal gift-card rules on expiry and fees still apply.

Final paycheck

If you were fired, fixed wages are due within 5 days. Other final wages are due within 10 days.

If firedWithin 5 days after termination for wages fixed and definite in amount; within 10 days for wages earned by task, piece, or commission

If you quitNext regular payday

Late-pay penaltyContinuing wages from the due date until paid, for up to 60 days, where the employer fails to pay (§ 50-4-4)

N.M. Stat. § 50-4-4 · Verified 2026-10-21 · Read the statute

One secondary roundup flagged New Mexico as unconfirmed; the 5-day / 10-day structure is the long-standing text of § 50-4-4 and is retained here with this note.

More money

Unclaimed money
Money held by the state in your name.

Class action settlements
Open settlements you can claim.

Rules above are the statute as verified on the date shown on each card. Local ordinances can add rules. This page is information, not legal advice.