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§ 55-11A-104 NMSA 1978

Transition provision on change of requirement of filing

1978 Comp., § 55-12-104, enacted by Laws 1985, ch. 193, § 42; recompiled as § 55-11A-104 by Laws 2023, ch. 142, § 95.

A security interest for the perfection of which filing or the taking of possession was required under the old U.C.C. and which attached prior to the effective date of the new U.C.C. but was not perfected shall be deemed perfected on the effective date of the new U.C.C. if the new U.C.C. permits perfection without filing or authorizes filing in the office or offices where a prior ineffective filing was made.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.