§ 55-3-401 Signature
§ 55-3-402 Signature by representative
§ 55-3-403 Unauthorized signature
§ 55-3-404 Impostors; fictitious payees
§ 55-3-405 Employer’s responsibility for fraudulent indorsement by employee
§ 55-3-406 Negligence contributing to forged signature or alteration of instrument
§ 55-3-407 Alteration
§ 55-3-408 Drawee not liable on unaccepted draft
§ 55-3-409 Acceptance of draft; certified check
§ 55-3-410 Acceptance varying draft
§ 55-3-411 Refusal to pay cashier’s checks, teller’s checks, and certified checks
§ 55-3-412 Obligation of issuer of note or cashier’s check
§ 55-3-413 Obligation of acceptor
§ 55-3-414 Obligation of drawer
§ 55-3-415 Obligation of indorser
§ 55-3-416 Transfer warranties
§ 55-3-417 Presentment warranties
§ 55-3-418 Payment or acceptance by mistake
§ 55-3-419 Instruments signed for accommodation
§ 55-3-420 Conversion of instrument
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Terms Used In New Mexico Statutes > Chapter 55 > Article 3 > Part 4

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.