Statutes > New Mexico Statutes > Chapter 55 - Uniform Commercial Code. > Article 9 - Secured Transactions, 55-9-101 through 55-9-710. > Section 55-9-510 - Effectiveness of filed record.

Section 55-9-510 - Effectiveness of filed record.

55-9-510. Effectiveness of filed record.

(a)     A filed record is effective only to the extent that it was filed by a person that may file it under Section 55-9-509 NMSA 1978.   

(b)     A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.   

(c)     A continuation statement that is not filed within the six-month period prescribed by Subsection (d) of Section 55-9-515 NMSA 1978 is ineffective.