N.M. Stat. § 54-2A-507
Right to distribution.
When a partner or transferee becomes entitled to receive a distribution, the partner
or transferee has the status of, and is entitled to all remedies available to, a creditor of
the limited partnership with respect to the distribution. However, the limited partnership's
obligation to make a distribution is subject to offset for any amount owed to the limited
partnership by the partner or dissociated partner on whose account the distribution is
made.