Current through 2024, ch. 69
Section 56-10-21 - Remedies of creditorA. In an action for relief against a transfer or obligation under the Uniform Voidable Transactions Act, a creditor, subject to the limitations in Section 56-10-22 NMSA 1978, may obtain:(1) avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim;(2) an attachment or other provisional remedy against the asset transferred or other property of the transferee if available under applicable law; and(3) subject to applicable principles of equity and in accordance with applicable rules of civil procedure:(a) an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;(b) appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or(c) any other relief the circumstances may require.B. If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds.Laws 1989, ch. 382, § 8; 2015, ch. 54, § 16.Amended by 2015, c. 54,s. 16, eff. 1/1/2016.