New Mexico § 45-3-810 - Claims not due and contingent or unliquidated claims

§ 45-3-810. Claims not due and contingent or unliquidated claims

A. If a claim which will become due at a future time or if a contingent or unliquidated

claim becomes due or certain before the distribution of the estate, and if the claim

has been allowed or established by a proceeding, it is paid in the same manner as

presently due and absolute claims of the same class. B. In other cases the personal representative or, on petition of the personal representative

or the claimant in a special proceeding for the purpose, the district court, may provide

for payment as follows: (1) if the claimant consents, he may be paid the present or agreed value of the claim,

taking any uncertainty into account; or (2) arrangement for future payment, or possible payment, on the happening of the contingency

or on liquidation, may be made by creating a trust, giving a mortgage, obtaining a

bond or security from a distributee or otherwise.