New Mexico Statutes

§ 56-9-37 — [Insolvency or removal of security on bond.]

New Mexico § 56-9-37
JurisdictionNew Mexico
Ch. 56Commercial Instruments and Transactions
Art. 9Transfers to Prefer Creditors - Voluntary Assignments

This text of New Mexico § 56-9-37 ([Insolvency or removal of security on bond.]) 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. § 56-9-37 (2026).

Text

The like proceedings as are prescribed in the last two preceding sections [56-9-35, 56-9-36 NMSA 1978] may be had whenever it shall appear to the court or judge that any person who shall have become security for any assignee in any bond given for due execution of his trust, has or is likely to become insolvent, or has removed or is about to remove from the state.

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Legislative History

Laws 1889, ch. 71, § 28; C.L. 1897, § 2854; Code 1915, § 310; C.S. 1929, § 7-

Nearby Sections

15
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Bluebook (online)
New Mexico § 56-9-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/56/56-9-37.