Whenever an employee (not having a written contract for a definite period) quits or resigns his employment, the wages or compensation shall become due and be payable at the next succeeding payday. Nothing in this section shall prohibit or restrict the right of the employer to make immediate payment at the time of quitting.

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Terms Used In New Mexico Statutes 50-4-5

  • Contract: A legal written agreement that becomes binding when signed.