New Mexico Statutes

§ 56-9-22 — [Failure to give additional bond; revocation of authority.]

New Mexico § 56-9-22
JurisdictionNew Mexico
Ch. 56Commercial Instruments and Transactions
Art. 9Transfers to Prefer Creditors - Voluntary Assignments

This text of New Mexico § 56-9-22 ([Failure to give additional bond; revocation of authority.]) 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. § 56-9-22 (2026).

Text

If the bond be rejected the district court or judge thereof shall order the assignee to give another bond, with sufficient security to be approved by the court, and if he fail to give such bond within such time as the court or judge thereof shall direct, not exceeding twenty days, his authority further to act as assignee shall be deemed revoked.

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Legislative History

Laws 1889, ch. 71, § 13; C.L. 1897, § 2839; Code 1915, § 295; C.S. 1929, § 7-

Nearby Sections

15
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Bluebook (online)
New Mexico § 56-9-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/56/56-9-22.