New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 6 - BUSINESS PRACTICES - UNIFORM COMMERCIAL CODE
Part 2 - FILING PROVISIONS
Section 12.6.2.209 - AMENDMENT

Universal Citation: 12 NM Admin Code 12.6.2.209

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

A record is created for the amendment that bears the file number for the amendment and the date and time of filing.

A. The record of the amendment is associated with the record of the related initial financing statement in a manner that causes the amendment to be retrievable each time a record of the financing statement is retrieved.

B. The name and address of each additional debtor and secured parties are entered into the UCC information management system in the record of the financing statement. Each such additional debtor name is added to the searchable index and are not removed until at least one year after the financing statement lapses. The filing office may choose to make debtor names which have lapsed by more than a year available in the search index.

C. If the amendment is a continuation, a new lapse date is established for the financing statement and maintained as part of its record.

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