N.M. Stat. § 31-27-11
Transfer of forfeitable property to the federal government.
A. A law enforcement agency shall not directly or indirectly transfer seized property
to a federal law enforcement authority or other federal agency unless:
(1)
the value of the seized property exceeds fifty thousand dollars ($50,000),
excluding the potential value of the sale of contraband; and
(2)
the law enforcement agency determines that the criminal conduct that
gave rise to the seizure is interstate in nature and sufficiently complex to justify the
transfer of the property; or
(3)
the seized property may only be forfeited under federal law.
B. The law enforcement agency shall not transfer property to the federal
government if the transfer would circumvent the protections of the Forfeiture Act that
would otherwise be available to a putative interest holder in the property.