New Mexico Statutes

§ 55-9-803 — Security interest perfected before effective date

New Mexico § 55-9-803
JurisdictionNew Mexico
Ch. 55Uniform Commercial Code
Art. 9Secured Transactions

This text of New Mexico § 55-9-803 (Security interest perfected before effective date) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 55-9-803 (2026).

Text

(a)A security interest that is a perfected security interest immediately before this 2013 act takes effect is a perfected security interest under Chapter 55, Article 9 NMSA 1978, as amended by this 2013 act, if, when this 2013 act takes effect, the applicable requirements for attachment and perfection under Chapter 55, Article 9 NMSA 1978, as amended by this 2013 act, are satisfied without further action.
(b)Except as otherwise provided in Section 55-9-805 NMSA 1978, if, immediately before this 2013 act takes effect, a security interest is a perfected security interest but the applicable requirements for perfection under Chapter 55, Article 9 NMSA 1978, as amended by this 2013 act, are not satisfied when this act takes effect, the security interest remains perfected thereafter only if th

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

1978 Comp., § 55-9-803, enacted by Laws 2013, ch. 137, § 22.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 55-9-803, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-9-803.