A. The Lien Protection Efficiency Act shall not be construed to create a lien or interest in property not otherwise existing under state or federal law.
B. The Lien Protection Efficiency Act is not intended to affect a lien provided for by statute, a consensual lien now or hereafter recognized under common law of the state or the ability of the courts to impose equitable or constructive liens.
History: Laws 1999, ch. 144, § 4.
Effective dates. — Laws 1999, ch. 144, § 11 made the Lien Protection Efficiency Act effective July 1, 1999.
Structure New Mexico Statutes
Chapter 48 - Liens and Mortgages
Article 1A - Lien Protection Efficiency
Section 48-1A-1 - Short title.
Section 48-1A-2 - Findings; purpose.
Section 48-1A-3 - Definitions.
Section 48-1A-4 - Construction.
Section 48-1A-5 - Non-enforceability of nonconsensual common law liens.
Section 48-1A-8 - Action to void lien; order to show cause; service of process.
Section 48-1A-9 - Orders; liability for costs and attorney fees; damages.