New Mexico Statutes

§ 40-3-10.1 — Unreasonable debt

New Mexico § 40-3-10.1
JurisdictionNew Mexico
Ch. 40Domestic Affairs
Art. 3Property Rights

This text of New Mexico § 40-3-10.1 (Unreasonable debt) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 40-3-10.1 (2026).

Text

The court, at the time of the final decree of dissolution of marriage, may declare, as between the parties, a debt to be unreasonable if it was incurred by a spouse while the spouse was living apart and the debt did not contribute to the benefit of both spouses or their dependents.

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Legislative History

Laws 1983, ch. 75, § 2.

Nearby Sections

15
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Bluebook (online)
New Mexico § 40-3-10.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/40/40-3-10.1.