New Mexico Statutes

§ 48-3-11 — [Acceptance of collateral security waives lien.]

New Mexico § 48-3-11
JurisdictionNew Mexico
Ch. 48Liens and Mortgages
Art. 3Liens on Personal Property

This text of New Mexico § 48-3-11 ([Acceptance of collateral security waives lien.]) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 48-3-11 (2026).

Text

No person shall be entitled to a lien under this article who has taken collateral security for the payment of the sum due him.

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Legislative History

Laws 1851-1852, p. 243; C.L. 1865, ch. 77(2d), § 5; C.L. 1884, § 1538; C.L.

Nearby Sections

15
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Bluebook (online)
New Mexico § 48-3-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/48/48-3-11.