New Mexico § 77-11-5 [Effect of failure to file contracts.]

New Mexico Statutes

§ 77-11-5 — [Effect of failure to file contracts.]

New Mexico § 77-11-5

Ch. 77Animals and Livestock

Art. 11Herding

This text of New Mexico § 77-11-5 ([Effect of failure to file contracts.]) 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. § 77-11-5 (2026).

Text

The failure to file any such partido or herding contract, as hereinbefore in this act [77-11-2 to 77-11-4 NMSA 1978] provided, shall render the same void as to subsequent mortgages [mortgagees] in good faith, purchasers for value without notice and subsequent judgment or attaching creditors without notice, from the date of the entry of such judgment or the levy of such attachment; as against trustees in bankruptcy, receivers from the date of filing the order of appointment and assignees for the benefit of creditors from the date of the recording of the assignment.

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The failure to file any such partido or herding contract, as hereinbefore in this act [77-11-2 to 77-11-4 NMSA 1978] provided, shall render the same void as to subsequent mortgages [mortgagees] in good faith, purchasers for value without notice and subsequent judgment or attaching creditors without notice, from the date of the entry of such judgment or the levy of such attachment; as against trustees in bankruptcy, receivers from the date of filing the order of appointment and assignees for the benefit of creditors from the date of the recording of the assignment.