New Mexico Statutes

§ 48-5A-3 — Petition to cancel lien; security

New Mexico·Ch. 48 Liens and Mortgages·Art. 5A Harvester's Liens
A.The owner of any crop subject to a harvester's lien may petition the district court in the county in which the crop was grown for an order canceling the lien.
B.Upon a filing of a petition, the district court judge shall examine the lien claimant's recorded demands and determine an amount sufficient to satisfy the recorded demands and any other damages, court costs or attorneys' fees which may be recovered by the lien claimant. Security, in an amount set by the judge and of a type approved by him, shall be deposited by the owner of the crop with the district court conditioned on the payment of any sum found to be validly due the lien claimant.
C.When the security is deposited, the district court shall immediately issue an order canceling the lien and shall notify the county clerk with

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 48-5A-3 (Petition to cancel lien; security) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1989, ch. 89, § 3.

Nearby Sections

15
View on official source ↗