Section 55-9-708 - Temporary transition provision; persons entitled to file initial financing statement or continuation statement. - New Mexico Statutes

55-9-708. Temporary transition provision; persons entitled to file initial financing statement or continuation statement.

A person may file an initial financing statement or a continuation statement under Sections 145 through 152 of this act if:   

(1)     the secured party of record authorizes the filing; and   

(2)     the filing is necessary under Sections 145 through 153 of this act:   

(A)     to continue the effectiveness of a financing statement filed before July 1, 2001; or   

(B)     to perfect or continue the perfection of a security interest.