The purpose of the Community Property Act of 1973 [40-3-6 to 40-3-17 NMSA 1978] is to comply with the provisions of Section 18 of Article 2 of the constitution of New Mexico, as it was amended in 1972 and became effective on July 1, 1973, by making the provisions of the community property law of New Mexico apply equally to all persons regardless of sex.
History: 1953 Comp., § 57-4A-1.1, enacted by Laws 1975, ch. 246, § 2.
Law reviews. — For article, "The Community Property Act of 1973: A Commentary and Quasi-Legislative History," see 5 N.M.L. Rev. 1 (1974).
Structure New Mexico Statutes
Section 40-3-1 - [Law applicable to property rights.]
Section 40-3-2 - [Methods for holding property.]
Section 40-3-3 - [Separation of property; admission to dwelling of spouse.]
Section 40-3-7 - Purpose of act.
Section 40-3-8 - Classes of property.
Section 40-3-9 - Definition of separate and community debts.
Section 40-3-9.1 - Gambling debts are separate debts of spouse incurring debt.
Section 40-3-10 - Priorities for satisfaction of separate debts.
Section 40-3-10.1 - Unreasonable debt.
Section 40-3-11 - Priorities for satisfaction of community debts.
Section 40-3-14 - Management and control of other community personal property.
Section 40-3-15 - Joinder of minor spouse in conveyances, mortgages and leases.