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New Mexico · Through 2024-04-26

56-10-24: Governing law.

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Where this section sits in the code
  1. Chapter 56 - Commercial Instruments and Transactions
  2. ARTICLE 10 Uniform Voidable Transactions

A. In this section, in determining a debtor's location, a debtor:

(1) who is an individual is located at the individual's principal residence;

(2) that is an organization and has only one place of business is located at its place of business; and

(3) that is an organization and has more than one place of business is located at its chief executive office.

B. A claim for relief in the nature of a claim for relief under the Uniform Voidable Transactions Act is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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