reglab/housing_qa huggingface dataset:
NM Stat § 56-9-12 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-12 - [Inventory to be accompanied by affidavit.]

The inventory shall be accompanied with an affidavit by the assignee that the same is a full and complete inventory of all such property, effects and things as far as the same has come to his knowledge. History: Laws 1889, ch. 71, § 3; C.L. 1897, § 2829; Code 1915, § 285; C.S. 1929, § 7-112; 1941 Comp., § 23-112; 1953 Comp., § 27-1-12. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-13 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-13 - [Appraisement.]

It shall be the duty of the district court, or the judge thereof in vacation, in whose clerk's office such inventory may be filed, to appoint two or more disinterested and competent persons to appraise the property, effects and things so inventoried. History: Laws 1889, ch. 71, § 4; C.L. 1897, § 2830; Code 1915, § 286; C.S. 1929, § 7-113; 1941 Comp., § 23-113; 1953 Comp., § 27-1-13. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors § 100.
NM Stat § 56-9-14 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-14 - [Oath of appraisers.]

The appraisers, having first taken an oath or affirmation before some person having authority to administer oaths, to discharge their duties with fidelity, shall forthwith proceed to make such appraisement. History: Laws 1889, ch. 71, § 5; C.L. 1897, § 2831; Code 1915, § 287; C.S. 1929, § 7-114; 1941 Comp., § 23-114; 1953 Comp., § 27-1-14. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For persons authorized to administer oaths, see 14-13-3 NMSA 1978.
NM Stat § 56-9-15 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-15 - [Filing of appraisement and oath.]

The appraisers shall file the appraisement and their oath of office in the office of the clerk of the district court, within five days after they shall have completed the same. History: Laws 1889, ch. 71, § 6; C.L. 1897, § 2832; Code 1915, § 288; C.S. 1929, § 7-115; 1941 Comp., § 23-115; 1953 Comp., § 27-1-15. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-16 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-16 - [Compensation of appraisers.]

The appraisers shall receive four dollars [($4.00)] per day for their necessary attendance and services. History: Laws 1889, ch. 71, § 7; C.L. 1897, § 2833; Code 1915, § 289; C.S. 1929, § 7-116; 1941 Comp., § 23-116; 1953 Comp., § 27-1-16. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-17 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-17 - [Additional property; appraisement.]

If, after making the first inventory, any other property, effects or things conveyed by the deed of assignment, shall come to the possession or knowledge of the assignee, his duty in relation thereto, and the duty of the court or judge and the appraisers shall be the same as required of them by the preceding section [sections]. History: Laws 1889, ch. 71, § 8; C.L. 1897, § 2834; Code 1915, § 290; C.S. 1929, § 7-117; 1941 Comp., § 23-117; 1953 Comp., § 27-1-17. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. The word "sections" was inserted to indicate the probable meaning. A reference to the preceding section only would be meaningless. As enacted, this section contained the additional words "of this act" which would limit the reference to 56-9-1 to 56-9-16 NMSA 1978.
NM Stat § 56-9-18 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-18 - [Statement of assignee; bond.]

The assignee, his agent or attorney, at the time of the execution and delivery of the deed of assignment, shall make a statement in writing, verified by affidavit, setting forth the general nature and full value of the estate and effects assigned, which statement shall be filed with the deed of assignment for record, and the assignee shall, within five days after the filing of such statement, give bond with at least two good and sufficient securities to be approved by the court, or judge or clerk thereof in vacation, in double the amount of the estate and effects assigned, and if the appraised value of such estate and effects, when appraised, shall be greater than the value given in such statement, or if the securities in such should in any way become impaired or insufficient, the assignee shall, at the time of filing the appraisement, give another bond with at least two good and sufficient securities to be approved in like manner, in double the value of the estate and effects assigned. History: Laws 1889, ch. 71, § 9; C.L. 1897, § 2835; Code 1915, § 291; C.S. 1929, § 7-118; 1941 Comp., § 23-118; 1953 Comp., § 27-1-18. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — Laws 1889, ch. 67, § 8, presently compiled as 56-9-8 NMSA 1978 also provides for assignee's bond. See the compiler's notes to 56-9-8 NMSA 1978. Cross references. — For assignee's removal for failure to file inventory or bond, see 56-9-35, 56-9-36 NMSA 1978. For the bond requirement for sale of realty, see 56-9-40 NMSA 1978. For surety bonds generally, see Chapter 46, Article 6 NMSA 1978. Assignee may amend bond to reflect appraisal lower than initial statement. — Where the assignee, after having declared in his preliminary statement a higher value of the property than the appraisal showed, he was properly permitted to correct the statement to accord with the value and to file bond for double the latter amount. Lyndonville Nat'l Bank v. Folsom, 1894-NMSC-016, 7 N.M. 611, 38 P. 253. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 105, 106; 12 Am. Jur. 2d Bonds § 57. Right of assignee for creditors under indemnity insurance policy, 6 A.L.R. 1240. Taking possession of goods by assignee of creditors of vendee as terminating right of stoppage in transitu, 7 A.L.R. 1411. Assignee's right to possession and administration of collateral validly pledged by his insolvent, 28 A.L.R. 413. 6A C.J.S. Assignments for Benefit of Creditors § 79.
NM Stat § 56-9-19 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-19 - [Conditions of bond.]

The bond shall be taken in the name of the state of New Mexico, and the conditions shall be as follows: The conditions of this obligation are such that if the above bound assignee of . . . . . . . shall, in all things, discharge his duty as assignee of . . . . . . . aforesaid, and faithfully execute the trust confided to him, then the above obligation to be void, otherwise to remain in full force. History: Laws 1889, ch. 71, § 10; C.L. 1897, § 2836; Code 1915, § 292; C.S. 1929, § 7-119; 1941 Comp., § 23-119; 1953 Comp., § 27-1-19. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 105, 106.
NM Stat § 56-9-20 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-20 - [Recording of bond; filing copies of bond and other papers with county clerk.]

The bond shall be filed in the office of the clerk of the court in which the inventory is filed and shall be by the clerk recorded in a book kept by him for such purpose, and labeled, "Assignments," and presented, if taken by him in vacation, to the district court at its next regular term. A certified copy of such bond, deed of assignment, statement and inventory shall also be filed for record in the office of the county clerk of the same county, as soon as such certified copies can be obtained from the clerk of the district court. History: Laws 1889, ch. 71, § 11; C.L. 1897, § 2837; Code 1915, § 293; C.S. 1929, § 7-120; 1941 Comp., § 23-120; 1953 Comp., § 27-1-20. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-21 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-21 - [Approval or rejection of bonds taken in vacation.]

The district court or judge shall approve or reject the bonds taken by the clerk in vacation, and the clerk of the district court shall enter the approval or rejection on the record. History: Laws 1889, ch. 71, § 12; C.L. 1897, § 2838; Code 1915, § 294; C.S. 1929, § 7-121; 1941 Comp., § 23-121; 1953 Comp., § 27-1-21. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-22 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-22 - [Failure to give additional bond; revocation of authority.]

If the bond be rejected the district court or judge thereof shall order the assignee to give another bond, with sufficient security to be approved by the court, and if he fail to give such bond within such time as the court or judge thereof shall direct, not exceeding twenty days, his authority further to act as assignee shall be deemed revoked. History: Laws 1889, ch. 71, § 13; C.L. 1897, § 2839; Code 1915, § 295; C.S. 1929, § 7-122; 1941 Comp., § 23-122; 1953 Comp., § 27-1-22. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-23 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-23 - [Old bond is valid until new bond approved.]

Such bond shall be valid until such new bond be given and approved, notwithstanding its rejection by the court, and such new bond, when approved, shall relate back and operate from the date of assignment. History: Laws 1889, ch. 71, § 14; C.L. 1897, § 2840; Code 1915, § 296; C.S. 1929, § 7-123; 1941 Comp., § 23-123; 1953 Comp., § 27-1-23. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-24 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-24 - [Suit on bond.]

Any person, injured by a breach of the condition of the bond, may sue thereon in the name of the state for his use, and the damages shall be assessed as on bonds with collateral conditions. History: Laws 1889, ch. 71, § 15; C.L. 1897, § 2841; Code 1915, § 297; C.S. 1929, § 7-124; 1941 Comp., § 23-124; 1953 Comp., § 27-1-24. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — Official, as distinguished from individual acts for which sureties on bond of assignee for creditors are liable, 50 A.L.R. 314. 6A C.J.S. Assignments for Benefit of Creditors §§ 79, 175.
NM Stat § 56-9-25 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-25 - [Statement of accounts; time of making; dismissal for failure to make.]

Every assignee shall exhibit on oath a statement of the accounts of the trust, with proper vouchers, to the district court at the first regular term after the execution of the assignment unless for good cause postponed, and shall file a like statement at least every three months thereafter for the inspection of the judge, and if by the judge found correct and proper, to be by him approved; such statements to be so made until assigned estate is fully settled. And if such assignee shall fail to make such settlement as herein provided for within the time mentioned, then on the application of any person interested, the court or judge thereof shall order a citation to issue to such assignee requiring him to appear before him at his chambers within a time named therein and exhibit on oath a statement of his accounts, and if said assignee shall neglect and fail to exhibit such accounts within the time named in such citation, the judge shall, on motion, unless for good cause shown, dismiss said assignee from his trust and enter an order that he pay all costs of the proceedings. History: Laws 1889, ch. 71, § 16; C.L. 1897, § 2842; Code 1915, § 298; C.S. 1929, § 7-125; 1941 Comp., § 23-125; 1953 Comp., § 27-1-25. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — Laws 1889, ch. 67, § 9, compiled as 56-9-9 NMSA 1978, also provides for procedures upon an assignee's failure to settle the estate. See the compiler's notes to 56-9-8 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 18, 130. 6A C.J.S. Assignments for Benefit of Creditors § 112.
NM Stat § 56-9-26 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-26 - [Notice of filing accounts.]

The court or judge thereof shall, by such order as the circumstances of the case may require, direct the clerk to give notice of the exhibition and filing of such accounts, for such time and in some newspaper of general circulation within the county wherein such assignment is made and recorded, and that such accounts will be allowed by the court or judge thereof in vacation, at a certain time, to be stated in such notice, unless good cause to the contrary is shown. History: Laws 1889, ch. 71, § 17; C.L. 1897, § 2843; Code 1915, § 299; C.S. 1929, § 7-126; 1941 Comp., § 23-126; 1953 Comp., § 27-1-26. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For publication of legal notices, see 14-11-10 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6A C.J.S. Assignments for Benefit of Creditors § 81.
NM Stat § 56-9-27 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-27 - [Advertising paid by assignee; credit.]

The expense of advertising shall be paid by the assignee at the time of exhibiting his account, and shall be passed to his credit in such account. History: Laws 1889, ch. 71, § 18; C.L. 1897, § 2844; Code 1915, § 300; C.S. 1929, § 7-127; 1941 Comp., § 23-127; 1953 Comp., § 27-1-27. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-28 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-28 - [Adjustment and allowance of demands.]

The assignee shall appoint a day, within three months after the date of the assignment, and a place, which shall be the county seat of the county where the inventory is filed, or such other place in said county most convenient to all the parties in interest where any court of record may be lawfully held, when and where he will proceed publicly to adjust and allow demands against the estate and effects of the assignor. History: Laws 1889, ch. 71, § 19; C.L. 1897, § 2845; Code 1915, § 301; C.S. 1929, § 7-128; 1941 Comp., § 23-128; 1953 Comp., § 27-1-28. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — Right of lessor to compensation out of estate for use of premises by receiver or assignee for creditors without adopting lease, 43 A.L.R. 734. Reformation of instrument as against assignee for creditors or creditors secured by assignment, 44 A.L.R. 115, 79 A.L.R.2d 1180. Rights of holder of trust receipt as against assignee for creditors of receiptor, 49 A.L.R. 291, 87 A.L.R. 302, 101 A.L.R. 453, 168 A.L.R. 359. Freight charges, liability for, of assignee for creditors of consignee, 61 A.L.R. 432. Rights in respect of legacy charged upon devisee's land, as against assignee for creditors of devisee. 116 A.L.R. 35, 134 A.L.R. 361. 6A C.J.S. Assignments for Benefit of Creditors §§ 53, 70, 71, 134.
NM Stat § 56-9-29 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-29 - [Notice of adjusting and allowing demands; publication; procedure; claims not presented.]

The assignee shall give notice of the time and place of adjusting and allowing demands against the estate of his assignor, by advertisement published in some newspaper printed in the county, or if there be none, in the one nearest the place where the inventory is filed, for four weeks successively, the last insertion to be at least one week before the appointed day, and also, whenever the residence of any of the creditors is known to him, by letters addressed to such creditors at their known or usual place of abode, at least four weeks before the appointed day. The assignee shall attend at the place designated in said notice, in person, on said day, and shall remain in attendance at said place on said day, and during two consecutive days thereafter, and shall commence the adjustment and allowance of demands against the trust fund at nine o'clock a.m. and continue the same until five o'clock p.m. of each of the said three days; and all creditors who, after being notified as aforesaid, shall not attend at the place designated during the said term, and lay before the assignee the nature and amount of their demands, shall be precluded of any benefit of said estate, but the hearing on any demand presented at the time may be continued, for good cause shown, to such time as is deemed right: provided, that any creditor who shall fail to lay his claim before said assignee during the said term on account of sickness, absence from the state, or any other good cause, may, at any time before the declaration of the final dividend, file and prove up his claim, and the same may be allowed, and the remaining dividends paid thereon as in the case of other allowed claims. History: Laws 1889, ch. 71, § 20; C.L. 1897, § 2846; Code 1915, § 302; C.S. 1929, § 7-129; 1941 Comp., § 23-129; 1953 Comp., § 27-1-29. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Cross references. — For legal newspapers, see 14-11-12 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 125, 126. Waiver of or estoppel to assert lien by filing claim with or receiving dividend from assignee for creditors, 55 A.L.R. 993. Mechanic's lien as waived by filing claim with assignee for creditors, 65 A.L.R. 315. 6A C.J.S. Assignments for Benefit of Creditors § 134.
NM Stat § 56-9-30 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-30 - [Assignee may administer oaths to witnesses.]

The assignee shall have power to administer all necessary oaths to debtors, creditors and witnesses, and may examine them on oath, touching any claim exhibited to him for allowance. History: Laws 1889, ch. 71, § 21; C.L. 1897, § 2847; Code 1915, § 303; C.S. 1929, § 7-130; 1941 Comp., § 23-130; 1953 Comp., § 27-1-30. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 56-9-31 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-31 - [Rejection of claims.]

Should the assignee reject any claim or demand against the estate, he shall indorse on the back of said claim or demand the word, "Rejected," giving the date of said rejection and sign his name as such assignee thereto. History: Laws 1889, ch. 71, § 22; C.L. 1897, § 2848; Code 1915, § 304; C.S. 1929, § 7-131; 1941 Comp., § 23-131; 1953 Comp., § 27-1-31. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6A C.J.S. Assignments for Benefit of Creditors § 136.
NM Stat § 56-9-32 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-32 - [Rejected claim; right to bring action; limitation.]

If, within thirty days after the same is rejected, the party owning said claim does not prosecute his action against the assignee in a court of competent jurisdiction, a recovery upon said claim or demand shall be forever barred. If the plaintiff's cause of action be dismissed at the instance of the defendant other than on its merits, the plaintiff shall have thirty days from the date of such dismissal to bring a new suit. History: Laws 1889, ch. 71, § 23; C.L. 1897, § 2849; Code 1915, § 305; C.S. 1929, § 7-132; 1941 Comp., § 23-132; 1953 Comp., § 27-1-32. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 52, 72.
NM Stat § 56-9-33 (2021)
2021 New Mexico Statutes|Chapter 56 - Commercial Instruments and Transactions|Article 9 - Transfers to Prefer Creditors - Voluntary Assignments|Section 56-9-33 - [Judgments in favor of claimant certified to assignee.]

All judgments rendered in favor of any claimant in the district court, by virtue of the provisions of this chapter, shall be certified by the clerk thereof to the assignee, who shall allow the same and class it as a valid claim against the estate. History: Laws 1889, ch. 71, § 24; C.L. 1897, § 2850; Code 1915, § 306; C.S. 1929, § 7-133; 1941 Comp., § 23-133; 1953 Comp., § 27-1-33. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — The words "in this chapter," the first time they appear, were inserted by the 1915 Code compilers; the words "this chapter," the second time they appear, were substituted for "this act." Presumably, "this chapter" refers to 56-9-1 to 56-9-55 NMSA 1978, whereas "this act" refers only to Laws 1889, ch. 67, §§ 1 to 9, presently compiled as 56-9-1 to 56-9-9 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 6 Am. Jur. 2d Assignments for Benefit of Creditors §§ 112, 134; 47 Am. Jur. 2d Judgments § 759. 6A C.J.S. Assignments for Benefit of Creditors § 157.