New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 7 - COMMERCIAL INSTRUMENTS AND TRANSACTIONS
Part 2 - CENTRAL FILING OF SECURITY INTERESTS FOR AGRICULTURAL PRODUCTS
Section 12.7.2.11 - QUARTERLY REPORTS

Universal Citation: 12 NM Admin Code 12.7.2.11

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

A. Each quarter, the secretary of state prepares listings of farm products as requested by registered buyers. The listings are provided according to farm product; and

(1) in alphabetical order according to the last name of the individual debtors (for those debtors doing business other than as individuals, the first word in the name of such debtor); or

(2) in numerical order according to the social security number of the debtor (for those debtors doing business other than as individuals, the internal revenue service taxpayer identification number); or

(3) geographically by county; or

(4) by crop year.

B. The quarterly lists are distributed no later than the tenth day after the end of a quarter. Quarters end on March 31, June 30, September 30 and December 31 of each year. All filings (effective financing statements, continuations, amendments or terminations) received by the office of the secretary of state by the last business day of a quarter will be included in the listings for that quarter. Quarterly lists will be distributed by certified mail, return receipt requested.

C. The secretary of state will prepare special lists upon request. A special list is a list limited to fewer than all counties or less than all crop years. Special lists are prepared alphabetically or numerically.

D. The fees for quarterly lists are:

(1) all filings for a farm product (paper) - $300.00 per product;

(2) all filings for a farm product (microfiche) - $150.00 per product;

(3) special lists - $150.00 per product;

(4) master list (all filings for all products) - $300.00.

E. The fees indicated above are for one year. The above fees will be pro-rated for buyer registrations during a calendar year based on twenty-five percent (25%) of the annual fee per quarter. A registrant must register before the last ten days of a quarter to receive the listing for that quarter. The previous quarterly report will also be available for twenty-five percent (25%) of the annual fee. The registration fee is not pro-rated.

F. Payments for fees pursuant to this act may be made in cash or by check or money order made payable to the secretary of state.

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