New Mexico Statutes 39-1-10. [Subject of judgment by confession.]
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Such confession can be only for money due, or to become due, or to secure a person against contingent liabilities on behalf of the defendant and must be for a specified sum.
Terms Used In New Mexico Statutes 39-1-10
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.