New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 6 - BUSINESS PRACTICES - UNIFORM COMMERCIAL CODE
Part 2 - FILING PROVISIONS
Section 12.6.2.135 - ASSIGNMENT OF POWERS OF SECURED PARTY OF RECORD
Universal Citation: 12 NM Admin Code 12.6.2.135
Current through Register Vol. 35, No. 18, September 24, 2024
A. Status of the parties. An assignment shall have no effect on the status of the parties to the financing statement, except that each assignee named in the assignment shall become a secured party of record.
B. Status of financing statement. An assignment shall have no effect upon the status of the financing statement.
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