Statutes > New Mexico Statutes > Chapter 56 - Commercial Instruments and Transactions. > Article 9 - Transfers to Prefer Creditors  - Voluntary Assignments, 56-9-1 through 56-9-55. > Section 56-9-44 - Exempt property not included in assignment.

Section 56-9-44 - Exempt property not included in assignment.

56-9-44. [Exempt property not included in assignment.]

All property, both real and personal, exempt from execution under the laws of this state shall not be conveyed by the deed of assignment, and if enumerated therein shall not pass to the assignee, but shall be reserved for the benefit of the assignor, or his family, to be set off and appraised by the appraiser mentioned in the first part of this chapter.