2006 New Mexico Statutes - 55-9-310 — When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

55-9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

(a)     Except as otherwise provided in Subsection (b) of this section and in Section 55-9-312 NMSA 1978, a financing statement must be filed to perfect all security interests and agricultural liens. 

(b)     The filing of a financing statement is not necessary to perfect a security interest: 

(1)     that is perfected under Subsection (d), (e), (f) or (g) of Section 55-9-308 NMSA 1978; 

(2)     that is perfected under Section 55-9-309 NMSA 1978 when it attaches; 

(3)     in property subject to a statute, regulation or treaty described in Subsection (a) of Section 55-9-311 NMSA 1978; 

(4)     in goods in possession of a bailee that is perfected under Paragraph (1) or (2) of Subsection (d) of Section 55-9-312 NMSA 1978; 

(5)     in certificated securities, documents, goods or instruments that is perfected without filing, control or possession under Subsection (e), (f) or (g) of Section 55-9-312 NMSA 1978; 

(6)     in collateral in the secured party's possession under Section 55-9-313 NMSA 1978; 

(7)     in a certificated security that is perfected by delivery of the security certificate to the secured party under Section 55-9-313 NMSA 1978; 

(8)     in deposit accounts, electronic chattel paper, electronic documents, investment property or letter-of-credit rights that is perfected by control under Section 55-9-314 NMSA 1978; 

(9)     in proceeds that is perfected under Section 55-9-315 NMSA 1978; or 

(10)     that is perfected under Section 55-9-316 NMSA 1978. 

(c)     If a secured party assigns a perfected security interest or agricultural lien, a filing under Chapter 55, Article 9 NMSA 1978 is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.