There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 56: Commercial Instruments and Transactions
Article 15: Uniform Assignment of Rents, 56-15-1 through 56-15-19
- Section 56-15-1: Short title. (Effective January 1, 2012.)
- Section 56-15-2: Definitions. (Effective January 1, 2012.)
- Section 56-15-3: Manner of giving notification. (Effective January 1, 2012.)
- Section 56-15-4: Security instrument creates assignment of rents; assignment of rents creates security interest. (Effective January 1, 2012.)
- Section 56-15-5: Recordation; perfection of security interest in rents; priority of conflicting interests in rents. (Effective January 1, 2012.)
- Section 56-15-6: Enforcement of security interest in rents. (Effective January 1, 2012.)
- Section 56-15-7: Enforcement by appointment of receiver. (Effective January 1, 2012.)
- Section 56-15-8: Enforcement by notification to assignor. (Effective January 1, 2012.)
- Section 56-15-9: Enforcement by notification to tenant. (Effective January 1, 2012.)
- Section 56-15-10: Notification to tenant; form. (Effective January 1, 2012.)
- Section 56-15-11: Effect of enforcement. (Effective January 1, 2012.)
- Section 56-15-12: Application of proceeds. (Effective January 1, 2012.)
- Section 56-15-13: Application of proceeds to expenses of protecting real property; claims and defenses of tenant. (Effective January 1, 2012.)
- Section 56-15-14: Turnover of rents; commingling and identifiability of rents; liability of assignor. (Effective January 1, 2012.)
- Section 56-15-15: Perfection and priority of assignee's security interest in proceeds. (Effective January 1, 2012.)
- Section 56-15-16: Priority subject to subordination. (Effective January 1, 2012.)
- Section 56-15-17: Uniformity of application and construction. (Effective January 1, 2012.)
- Section 56-15-18: Relation To Federal Electronic Signatures In Global And National Commerce Act. (Effective January 1, 2012.)
- Section 56-15-19: Application to existing relationships. (Effective January 1, 2012.)
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