Whenever the attorney general has reasonable belief that any person is using or is about to use any method, act or practice which is declared by the Unfair Practices Act to be unlawful, and whenever the attorney general has reasonable belief that any such person is about to remove himself from the state of New Mexico, or is about to remove his property or assets from the state of New Mexico, the attorney general may petition the appropriate district court for a writ of ne exeat and the court may forbid any such person from leaving the state of New Mexico, or removing his property or assets from the state of New Mexico until a determination of the issues has been made.

Terms Used In New Mexico Statutes 57-12-17

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.