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Form a Business

[Defense in action by assignee.]

NMSA 1978, § 44-5-5
in effect
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44-5-5. [Defense in action by assignee.] The assignment of any bond, bill, note, judgment, conveyance or other security, shall not affect the defense of the person executing the same. Laws 1856-1857, p. 36; C.L. 1865, ch. 36, § 5; C.L. 1884, § 2294; C.L. 1897, § 3203; Code 1915, § 2511; C.S. 1929, § 58-105; 1941 Comp., § 25-1005; 1953 Comp., § 22-10-5.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18545/index.do#!b/44-5-5Fetched: 10/20/2026

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