N.M. Stat. § 48-3-11

[Acceptance of collateral security waives lien.]

Name: Justis AI
Availability: InStock

Last amended: 1923Year: 2026Length: 24 wordsOfficial source

No person shall be entitled to a lien under this article who has taken collateral security for the payment of the sum due him.

N.M. Stat. § 48-3-11: [Acceptance of collateral security waives lien.] | Justis AI