N.M. Stat. § 42-8-21
[Defendant may keep property on giving forthcoming
bond; time; parties; condition.]
The defendant, either in person or by his agent or attorney, at any time within five
days after the service of a writ of replevin on him, and the replevin of the property
thereunder, may require the return of the property replevied upon giving to the sheriff a
bond with two or more sufficient sureties in double the value of the property as sworn to
in the affidavit of replevin, conditioned for the delivery of the property to the plaintiff, if
such delivery be adjudged, and for payment to him of such sum as may for any cause
be recovered against the defendant in the suit.