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NEW MEXICO STATUTES AND CODES

Section 56-9-55 - Written notices of assignment required.

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

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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