The administrator may maintain an action in this or another state to enforce the Uniform Unclaimed Property Act (1995). The court may award reasonable attorney's fees to the prevailing party.
History: Laws 1997, ch. 25, § 22.
ANNOTATIONSEffective dates. — Laws 1997, ch. 25, § 34 made Laws 1997, ch. 25, § 22 effective July 1, 1997.
New Mexico has standing to assert violation of the Unclaimed Property Act. Wilson v. Mass. Mut. Life Ins. Co., 2004-NMCA-051, 135 N.M. 506, 90 P.3d 525, cert. denied, 2004-NMCERT-004, 135 N.M. 563, 91 P.3d 604, overruled on other grounds by Schultz v. Pojoaque Tribal Police Dep't, 2010-NMSC-034, 148 N.M. 692, 242 P.3d 259.
Intervention. — Since there is an absence of any specific authority for intervention in New Mexico's Act, such a right under Rule 1-024 A(1) NMRA is not recognized. Wilson v. Mass. Mut. Life Ins. Co., 2004-NMCA-051, 135 N.M. 506, 90 P.3d 525, cert. denied, 2004-NMCERT-004, 135 N.M. 563, 91 P.3d 604, overruled on other grounds by Schultz v. Pojoaque Tribal Police Dep't, 2010-NMSC-034, 148 N.M. 692, 242 P.3d 259.