I know that Cashier's Checks don't expire. I'm trying to determine if the New Mexico Unclaimed Property Regulation covers Cashier's Checks. I don't see anything in the abandonement section that specifically refers to Cashier's Checks. I'm thinking that they might be covered by the 'catch-all' at the end:
(15) all other property, five years after the owner's right to demand the property or after the obligation to pay or distribute the property arises, whichever first occurs.
However, does this mean five years since issuance, as this is when the owner's right to demand the property begins, or does it mean no limit, since the owner's right to demand the property never ends?
Are others dealing with Cashier's Checks as part of the annual check of abandoned property?
I hear and I forget. I see and I remember. I do and I understand.--Confucius