Statutes > New Mexico Statutes > Chapter 39 - Judgments, Costs, Appeals. > Article 4 - Recovery on Judgments, 39-4-1 through 39-4-16. > Section 39-4-7 - Bond to retain possession of goods until sale.

Section 39-4-7 - Bond to retain possession of goods until sale.

39-4-7. [Bond to retain possession of goods until sale.]

The person whose goods are taken on execution, may retain possession thereof until the day of sale, by giving bond in favor of the plaintiff with sufficient security to be approved by the officer in double the value of such property, conditioned for the delivery of the property to the officer at the time and place of sale, to be named in such bond, which bond shall be returned with the execution.