There is a newer version of the New Mexico Statutes
2021
2020
2019
2018
2017
Other previous versions
View our newest version here

2014 New Mexico Statutes
Chapter 48 - Liens and Mortgages
Section 3 Liens on Personal Property
Section 48-3-9 Loss of lien.

NM Stat § 48-3-9 (2014) What's This?
48-3-9. [Loss of lien.]
Any lien acquired under the provisions of this law [48-3-1 to 48-3-15 NMSA 1978] except those provided in Sections 48-3-5 and 48-3-7 NMSA 1978 hereof shall become void, if the person entitled to the same shall consent that the property subject thereto be removed from his control or possession, except as against the person at whose request the repairs or parts were furnished and the labor performed. In the case of the liens provided in Sections 48-3-5 and 48-3-7 NMSA 1978, if the person or persons entitled to the lien consent to a removal of the property subject to the lien from the leased premises the lien shall become void.
History: Code 1915, 3339, enacted by Laws 1917, ch. 65, 1 (3339); 1923, ch. 24, 1 (3339); C.S. 1929, 82-407; 1941 Comp., 63-307; 1953 Comp., 61-3-7.

Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.