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Form a Business

[Old bond is valid until new bond approved.]

NMSA 1978, § 56-9-23
in effect
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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. 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.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18559/index.do#!b/56-9-23Fetched: 10/20/2026

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