{"data":{"id":"us-nm/55-9-708","jurisdiction":"us-nm","citation":"55-9-708","heading":"Temporary transition provision; persons entitled to file initial financing statement or continuation statement.","body":"A person may file an initial financing statement or a continuation statement under Sections 145 through 152 of this act if:\n(1) the secured party of record authorizes the filing; and\n(2) the filing is necessary under Sections 145 through 153 of this act:\n(A) to continue the effectiveness of a financing statement filed before July 1, 2001; or\n(B) to perfect or continue the perfection of a security interest.\nOFFICIAL COMMENTS\nUCC Official Comments © by ALI \u0026 the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.\nThis section permits a secured party to file an initial financing statement or continuation statement necessary under this part to continue the effectiveness of a financing statement filed before July 1, 2001, or to perfect or otherwise continue the perfection of a security interest. Because a filing described in this section typically operates to continue the effectiveness of a financing statement whose filing the debtor already has authorized, this section does not require authorization from the debtor.","path":["Chapter 55 - Uniform Commercial Code","ARTICLE 9 Secured Transactions"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18558/index.do","current_through":"2024-04-27","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"013edc508b4f84b7007d0446957d97bbe8a71ade9c5e32e29f5e5f67b61e89b7","source_id":"us-nm","stale":false,"prev":"us-nm/55-9-707","next":"us-nm/55-9-709"},"notice":"GroundRules: Original legal text. Not legal advice."}