2021 New Mexico Statutes
Chapter 48 - Liens and Mortgages
Article 2A - Stop Notice Act

Section 48-2A-1 - Short title. - This act [48-2A-1 to 48-2A-12 NMSA 1978] may be cited...

Section 48-2A-2 - Purpose. - The legislature finds there are practices within the industry of...

Section 48-2A-3 - Definitions. - As used in the Stop Notice Act: A. "bond" means...

Section 48-2A-4 - Requirements for disclosure; owners and construction lenders. - A. In every instance where an original contractor proposes to...

Section 48-2A-5 - Stop notices; contents. - A stop notice shall not be effective unless: A. it...

Section 48-2A-6 - Notices. - A. Any preliminary notice given under the Stop Notice Act...

Section 48-2A-7 - Stop notices; bonds. - A. A stop notice shall not be effective unless it...

Section 48-2A-8 - Distribution of construction funds; liability. - A. Upon receipt of a claim stated in a stop...

Section 48-2A-9 - Limitations for filing suit by claimant. - A. Suit for satisfaction of the stop notice shall be...

Section 48-2A-10 - Claim satisfied notice; procedure; contents; penalty. - A. A stop notice shall be discharged when: (1) the...

Section 48-2A-11 - Discharge; penalty. - A. Payment by the owner or his successor in interest...

Section 48-2A-12 - Purchase closing; penalty. - A. The original contractor, upon accomplishing completion of construction and...