New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 6 - BUSINESS PRACTICES - UNIFORM COMMERCIAL CODE
Part 2 - FILING PROVISIONS
Section 12.6.2.17 - FILING FEES

Universal Citation: 12 NM Admin Code 12.6.2.17

Current through Register Vol. 35, No. 18, September 24, 2024

The fees to file UCC documents as set forth in Chapter 55, Article 9, Section 525 NMSA 1978 are as follows.

A. For UCC documents communicated in writing on a form prescribed by the filing office, the fee for filing and indexing a UCC document of one, two or three pages is $20.00. For a UCC document of at least 4 pages but no more than 25 pages, the fee is $40.00. If the total number of pages exceeds 25 pages, the fee is $100.00 plus $5.00 for each page which exceeds 25 pages. For filings transmitted electronically, the fee is $10.00 if the record consists of fifteen thousand or fewer bytes. If the record exceeds fifteen thousand bytes, the fee is $20.00.

B. For UCC documents communicated in writing but not on a form prescribed by the filing office, the fee is double those identified in Subsection A of this section for a record of the same length.

C. Additional fees. In addition to the fees set forth in Subsections A and B of this section, a fee of $100.00 shall be paid for an initial financing statement that indicates that it is filed in connection with a manufactured-home transaction, and a fee of $100.00 shall be paid for an initial financing statement that indicates that a debtor is a transmitting utility.

D. An information statement is treated as information to an initial financing statement and is subject to the fees set forth in Subsections A, B and C of this section.

E. Copies. In addition to the fees identified in this section which are established by statute, the fee for copies of UCC records ordered from and provided by the filing office is $1.00 per page.

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