{"data":{"id":"us-nm/48-3-23","jurisdiction":"us-nm","citation":"48-3-23","heading":"Possession; when lien shall not exist.","body":"The possession required under this act [48-3-22 to 48-3-27 NMSA 1978] shall be physical custody. No lien shall exist where:\nA. the article has not been delivered to the physical custody of the person or firm claiming the lien;\nB. without fraud or false representation, the physical custody of the article has been surrendered by the person or firm performing the work or service;\nC. the person or firm performing the work or service has accepted collateral security for payment of the amount due.","path":["Chapter 48 - Liens and Mortgages","ARTICLE 3 Liens on Personal Property"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18551/index.do","current_through":"2024-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"82879c2a5e61c64300198f35a8cd97e4949f87755b297a658532d3b0d19f5f1b","source_id":"us-nm","stale":false,"prev":"us-nm/48-3-22","next":"us-nm/48-3-24"},"notice":"GroundRules: Original legal text. Not legal advice."}