2006 New Mexico Statutes - 55-9-309 — Security interest perfected upon attachment.

55-9-309. Security interest perfected upon attachment.

The following security interests are perfected when they attach: 

(1)     a purchase-money security interest in consumer goods, except as otherwise provided in Subsection (b) of Section 55-9-311 NMSA 1978 with respect to consumer goods that are subject to a statute or treaty described in Subsection (a) of Section 55-9-311 NMSA 1978; 

(2)     an assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles; 

(3)     a sale of a payment intangible; 

(4)     a sale of a promissory note; 

(5)     a security interest created by the assignment of a health-care-insurance receivable to the provider of the health care goods or services; 

(6)     a security interest arising under Section 55-2-401, 55-2-505, Subsection (3) of Section 55-2-711 or Subsection (5) of Section 55-2A-508 NMSA 1978, until the debtor obtains possession of the collateral; 

(7)     a security interest of a collecting bank arising under Section 55-4-210 NMSA 1978; 

(8)     a security interest of an issuer or nominated person arising under Section 55-5-118 NMSA 1978; 

(9)     a security interest arising in the delivery of a financial asset under Subsection (c) of Section 55-9-206 NMSA 1978; 

(10)     a security interest in investment property created by a broker or securities intermediary; 

(11)     a security interest in a commodity contract or a commodity account created by a commodity intermediary; 

(12)     an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; 

(13)     a security interest created by an assignment of a beneficial interest in a decedent's estate; and 

(14)     a sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.

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