N.M. Stat. § 53-19-23
Sharing of interim distributions.
Except as provided in Sections 24 and 44 [53-19-24, 53-19-44 NMSA 1978] of the
Limited Liability Company Act, distributions of cash or other assets of a limited liability
company shall be shared among the members and among classes of members in the
manner provided by the articles of organization or an operating agreement. If neither the
articles of organization nor an operating agreement provides otherwise, cash or other
assets shall be distributed on the basis of the value of contributions made by each
member, to the extent that such contributions have not been returned. A member is
entitled to receive distributions described in this section to the extent and at the times or
upon the happening of the events specified by the articles of organization or an
operating agreement or at the times determined by the persons in whom management
is vested.