New Mexico Statutes

§ 48-1A-4 — Construction

New Mexico·Ch. 48 Liens and Mortgages·Art. 1A Lien Protection Efficiency
A.The Lien Protection Efficiency Act shall not be construed to create a lien or interest in property not otherwise existing under state or federal law.
B.The Lien Protection Efficiency Act is not intended to affect a lien provided for by statute, a consensual lien now or hereafter recognized under common law of the state or the ability of the courts to impose equitable or constructive liens.

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Legislative History

Laws 1999, ch. 144, § 4.

Nearby Sections

15
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