2011 New Mexico Statutes
Chapter 56: Commercial Instruments and Transactions
Article 9: Transfers to Prefer Creditors - Voluntary Assignments, 56-9-1 through 56-9-55
Section 56-9-53: Compensation of assignee as counsel.


NM Stat § 56-9-53 (1996 through 1st Sess 50th Legis) What's This?

56-9-53. [Compensation of assignee as counsel.]

In case the assignee should be an attorney-at-law, in active practice, and performs the duties of assignee and counsel in the protection and execution of the trust, he shall be allowed by the court such compensation, in his capacity as such counsel, together with a reasonable allowance as assignee, at such times, in such manner and in such amounts as the court under all the circumstances may deem just and reasonable.

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