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2011 New Mexico Statutes
Chapter 55: Uniform Commercial Code
Article 9: Secured Transactions, 55-9-101 through 55-9-710
Section 55-9-521: Form of financing statement and amendment; records.


NM Stat § 55-9-521 (1996 through 1st Sess 50th Legis) What's This?

55-9-521. Form of financing statement and amendment; records.

(a) A filing office that accepts written records may not refuse to accept a financing statement or amendment that is in the form and format prescribed by the secretary of state, except for a reason set forth in Subsection (b) of Section 55-9-516 NMSA 1978.

(b) Prior to July 1, 2001, the secretary of state shall prescribe by rule the form and format of a written financing statement and amendment.

(c) A filing officer shall prescribe by rule the use of one other medium, other than writing, for filing records under Chapter 55, Article 9 NMSA 1978. The filing officer may also prescribe by rule mandatory requirements for the medium to ensure compatibility with the filing officer's system of transmission, receipt, storage, indexing and retrieval of records.

(d) A rule prescribed pursuant to this section is subject to the provisions of Section 55-9-526 NMSA 1978.

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