The failure to file any such partido or herding contract, as hereinbefore in this act [ 77-11-2 to 77-11-4 NMSA 1978] provided, shall render the same void as to subsequent mortgages [mortgagees] in good faith, purchasers for value without notice and subsequent judgment or attaching creditors without notice, from the date of the entry of such judgment or the levy of such attachment; as against trustees in bankruptcy, receivers from the date of filing the order of appointment and assignees for the benefit of creditors from the date of the recording of the assignment.
§ 77-11-5 NMSA 1978
[Effect of failure to file contracts.]
Laws 1923, ch. 14, § 5; C.S. 1929, § 4-315; Laws 1939, ch. 60, § 4; 1941 Comp., § 49-1205; 1953 Comp., § 47-12-5.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.