If an appeal is taken from a district court from a judgment or an order appointing a receiver, perfecting of an appeal from such judgment or order shall not stay enforcement of the judgment or order unless a bond, in a sum fixed by the district court, is given and posted on condition that if the judgment or order is affirmed on the appeal, or if the appeal is withdrawn or dismissed, the appellant will pay all costs and damages that the respondent may sustain by reason of the stay in the enforcement of the judgment or order.
History: Laws 1995, ch. 81, § 10.
Severability. — Laws 1995, ch. 81, § 12 provides for the severability of the act if any part or application thereof is held invalid.
Structure 2021 New Mexico Statutes
Chapter 44 - Miscellaneous Civil Law Matters
Section 44-8-4 - Grounds for appointing a receiver.
Section 44-8-5 - Application for appointment of a receiver.
Section 44-8-6 - Qualifications for receivers.
Section 44-8-7 - Powers and duties of receivers.
Section 44-8-8 - Compensation.
Section 44-8-10 - Appeal and stay of appointment of a receiver.