New Mexico Statutes 48-8-7. [Hospital’s interest in settlement restricted to lien rights.]
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Nothing in this act N.M. Stat. Ann. § 48-8-1 to 48-8-7 shall be construed to permit any hospital to be a party to or to have any interest in the amount or manner of any settlement of any claim on which a lien has been filed other than the lien rights as provided in this act.
Terms Used In New Mexico Statutes 48-8-7
- Lien: A claim against real or personal property in satisfaction of a debt.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.