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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Receivership Act:
A. “applicant” means an interested person who seeks the appointment of a receiver;
B. “business entity” means a sole proprietorship, a profit or nonprofit corporation, a general or limited partnership, business trust, joint venture or other enterprise composed of one or more persons or entities;
C. “interested person” means any secured or unsecured creditor, a shareholder of a corporation, a general or limited partner of a partnership or a person jointly owning or interested in a receivership estate; and
D. “receivership estate” means tangible and intangible property, its proceeds, profits, substitutions, additions, fixtures and accretions for which a receiver is sought.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 44. Miscellaneous Civil Law Matters § 44-8-3. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-44-miscellaneous-civil-law-matters/nm-st-sect-44-8-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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