This 2013 act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims are established before this 2013 act takes effect, Chapter 55, Article 9 NMSA 1978, as it existed before amendment, determines priority.
§ 55-9-809 NMSA 1978
Priority
Known as the Uniform Commercial Code
The act spans §§ 55–55 (591 sections).
1978 Comp., § 55-9-809, enacted by Laws 2013, ch. 137, § 28.
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.