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New Mexico Statutes > Chapter 41 > Article 10 – Food Donors Liability

§ 41-10-1 Short title
§ 41-10-2 Definitions
§ 41-10-3 Food donors liability protection; purpose; donors or distributors of canned or perishable food; limit on liability for injury
§ 41-10-4 Community college culinary programs as distributors of food
§ 41-10-5 Donated game meat products

Terms Used In New Mexico Statutes > Chapter 41 > Article 10 - Food Donors Liability

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Donor: The person who makes a gift.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

New Mexico Statutes > Chapter 41 > Article 10 – Exemptions

§ 42-10-1 Exemptions
§ 42-10-3 [Life, accident and health insurance benefits.]
§ 42-10-4 Benevolent associations; benefits
§ 42-10-5 [Life insurance proceeds.]
§ 42-10-6 Personal property used as a security under the Uniform
§ 42-10-7 Taxes excepted
§ 42-10-9 Homestead exemption
§ 42-10-10 Exemption in lieu of homestead
§ 42-10-11 When homestead exemption does not apply
§ 42-10-13 Claim of exemption or priority
§ 42-10-14 Cost-of-living adjustments

Terms Used In New Mexico Statutes > Chapter 41 > Article 10 - Exemptions

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • 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.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • 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.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.