There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 15 - Uniform Assignment of Rents
- Section 56-15-1 - Short title.
- Section 56-15-2 - Definitions.
- Section 56-15-3 - Manner of giving notification.
- Section 56-15-4 - Security instrument creates assignment of rents; assignment of rents creates security interest.
- Section 56-15-5 - Recordation; perfection of security interest in rents; priority of conflicting interests in rents.
- Section 56-15-6 - Enforcement of security interest in rents.
- Section 56-15-7 - Enforcement by appointment of receiver.
- Section 56-15-8 - Enforcement by notification to assignor.
- Section 56-15-9 - Enforcement by notification to tenant.
- Section 56-15-10 - Notification to tenant; form.
- Section 56-15-11 - Effect of enforcement.
- Section 56-15-12 - Application of proceeds.
- Section 56-15-13 - Application of proceeds to expenses of protecting real property; claims and defenses of tenant.
- Section 56-15-14 - Turnover of rents; commingling and identifiability of rents; liability of assignor.
- Section 56-15-15 - Perfection and priority of assignee's security interest in proceeds.
- Section 56-15-16 - Priority subject to subordination.
- Section 56-15-17 - Uniformity of application and construction.
- Section 56-15-18 - Relation to Federal Electronic Signatures in Global and National Commerce Act.
- Section 56-15-19 - Application to existing relationships.
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