There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 56: Commercial Instruments and Transactions
Article 5: Miscellaneous Provisions Relating to Commercial Instruments, 56-5-1 through 56-5-5
Section 56-5-2: Assignment without recourse.
NM Stat § 56-5-2 (1996 through 1st Sess 50th Legis) What's This?
56-5-2. Assignment without recourse.
Except as provided in the Uniform Commercial Code [Chapter 55, NMSA 1978], the assignor may discharge himself from liability to the assignee by specifying in the assignment that it is made without recourse.
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