New Mexico § 56-9-55 [Written notices of assignment required.]

New Mexico Statutes

§ 56-9-55 — [Written notices of assignment required.]

New Mexico § 56-9-55

Ch. 56Commercial Instruments and Transactions

Art. 9Transfers to Prefer Creditors - Voluntary Assignments

This text of New Mexico § 56-9-55 ([Written notices of assignment required.]) 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. § 56-9-55 (2026).

Text

In the event of such assignment, the assignee thereof shall file written notice of the assignment, together with a true copy of the instrument of assignment: A. with the officer of the state, municipal corporation, county, political subdivision or agency who will make the payment under the contract assigned; and B. with the officer who executed the contract on behalf of the state or such municipal corporation, county, political subdivision or agency; and C. with the surety or sureties upon the bond or bonds, if any, given to secure the performance of such contract.

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In the event of such assignment, the assignee thereof shall file written notice of the assignment, together with a true copy of the instrument of assignment: A. with the officer of the state, municipal corporation, county, political subdivision or agency who will make the payment under the contract assigned; and B. with the officer who executed the contract on behalf of the state or such municipal corporation, county, political subdivision or agency; and C. with the surety or sureties upon the bond or bonds, if any, given to secure the performance of such contract.