State Codes and Statutes

Statutes > New-mexico > Chapter-48 > Article-1a > Section-48-1a-4

48-1A-4. Construction.

A.     The Lien Protection Efficiency Act shall not be construed to create a lien or interest in property not otherwise existing under state or federal law.   

B.     The Lien Protection Efficiency Act is not intended to affect a lien provided for by statute, a consensual lien now or hereafter recognized under common law of the state or the ability of the courts to impose equitable or constructive liens.   

State Codes and Statutes

Statutes > New-mexico > Chapter-48 > Article-1a > Section-48-1a-4

48-1A-4. Construction.

A.     The Lien Protection Efficiency Act shall not be construed to create a lien or interest in property not otherwise existing under state or federal law.   

B.     The Lien Protection Efficiency Act is not intended to affect a lien provided for by statute, a consensual lien now or hereafter recognized under common law of the state or the ability of the courts to impose equitable or constructive liens.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-48 > Article-1a > Section-48-1a-4

48-1A-4. Construction.

A.     The Lien Protection Efficiency Act shall not be construed to create a lien or interest in property not otherwise existing under state or federal law.   

B.     The Lien Protection Efficiency Act is not intended to affect a lien provided for by statute, a consensual lien now or hereafter recognized under common law of the state or the ability of the courts to impose equitable or constructive liens.