STATE STATUTES & CODES

NEW MEXICO STATUTES AND CODES

Article 9 - Transfers to Prefer Creditors  - Voluntary Assignments, 56-9-1 through 56-9-55.

• Section 56-9-1 - Transfers to prefer creditors; effect; exception of mortgage in good faith.
• Section 56-9-2 - Interested persons may file suit.
• Section 56-9-3 - Parties; order for creditors to appear; publication of notice.
• Section 56-9-4 - Surrender of property to receiver.
• Section 56-9-5 - Distribution of assets; final judgment; appeal.
• Section 56-9-6 - Writ of ne exeat or attachment.
• Section 56-9-7 - Claims of creditors; verification.
• Section 56-9-8 - Voluntary assignment; assignment not operative until execution of bond; action on bond.
• Section 56-9-9 - Failure of assignee to settle estate; suit to compel settlement.
• Section 56-9-10 - Voluntary assignments; acknowledgment and recording.
• Section 56-9-11 - Inventory by assignee.
• Section 56-9-12 - Inventory to be accompanied by affidavit.
• Section 56-9-13 - Appraisement.
• Section 56-9-14 - Oath of appraisers.
• Section 56-9-15 - Filing of appraisement and oath.
• Section 56-9-16 - Compensation of appraisers.
• Section 56-9-17 - Additional property; appraisement.
• Section 56-9-18 - Statement of assignee; bond.
• Section 56-9-19 - Conditions of bond.
• Section 56-9-20 - Recording of bond; filing copies of bond and other papers with county clerk.
• Section 56-9-21 - Approval or rejection of bonds taken in vacation.
• Section 56-9-22 - Failure to give additional bond; revocation of authority.
• Section 56-9-23 - Old bond is valid until new bond approved.
• Section 56-9-24 - Suit on bond.
• Section 56-9-25 - Statement of accounts; time of making; dismissal for failure to make.
• Section 56-9-26 - Notice of filing accounts.
• Section 56-9-27 - Advertising paid by assignee; credit.
• Section 56-9-28 - Adjustment and allowance of demands.
• Section 56-9-29 - Notice of adjusting and allowing demands; publication; procedure; claims not presented.
• Section 56-9-30 - Assignee may administer oaths to witnesses.
• Section 56-9-31 - Rejection of claims.
• Section 56-9-32 - Rejected claim; right to bring action; limitation.
• Section 56-9-33 - Judgments in favor of claimant certified to assignee.
• Section 56-9-34 - Claims of assignee; presentation to court; temporary assignee; allowance or rejection of claim.
• Section 56-9-35 - Failure of assignee to file inventory or give bond; citation to show cause.
• Section 56-9-36 - Dismissal of assignee.
• Section 56-9-37 - Insolvency or removal of security on bond.
• Section 56-9-38 - Appointment of new assignee.
• Section 56-9-39 - Dismissal of assignee; delivery of papers, moneys and effects.
• Section 56-9-40 - Sale of property; order of court; bond of assignee.
• Section 56-9-41 - Time for payment of claims; notice; refusal to pay; penalty; dismissal.
• Section 56-9-42 - Assignee to give information as to condition of estate.
• Section 56-9-43 - Petition for relief against assignee; citation; procedure.
• Section 56-9-44 - Exempt property not included in assignment.
• Section 56-9-45 - Prior liens not affected.
• Section 56-9-46 - Attachment not to issue after assignment.
• Section 56-9-47 - Preferences inure to benefit of all creditors alike.
• Section 56-9-48 - Discharge; application by assignee; notice; contents of petition.
• Section 56-9-49 - Hearing and determination of application for discharge.
• Section 56-9-50 - Appeals from final judgment.
• Section 56-9-51 - Bad or doubtful debts; sale or compromise; release of rights; report; notice; objections.
• Section 56-9-52 - Compensation of assignee and counsel.
• Section 56-9-53 - Compensation of assignee as counsel.
• Section 56-9-54 - Permission to assign moneys due from state or subdivision; procedure and limitations.
• Section 56-9-55 - Written notices of assignment required.

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