New Mexico § 58-23-22 Council; pledge; recording of lien not required

New Mexico Statutes

§ 58-23-22 — Council; pledge; recording of lien not required

New Mexico § 58-23-22

Ch. 58Financial Institutions and Regulations

Art. 23Hospital Equipment Loans

This text of New Mexico § 58-23-22 (Council; pledge; recording of lien not 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. § 58-23-22 (2026).

Text

Any pledge made by the council shall be valid and binding from the time when the pledge is made. The revenue, money or properties pledged and later received by the council shall immediately be subject to the lien of such pledge without any further act, and the lien of any such pledge is valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the program, irrespective of whether the parties have notice thereof.

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Any pledge made by the council shall be valid and binding from the time when the pledge is made. The revenue, money or properties pledged and later received by the council shall immediately be subject to the lien of such pledge without any further act, and the lien of any such pledge is valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the program, irrespective of whether the parties have notice thereof.