§ 56-13-1 Short title
§ 56-13-2 Legislative purpose
§ 56-13-3 Definitions
§ 56-13-4 Implementation of central filing system
§ 56-13-5 Certification of system
§ 56-13-6 Filing
§ 56-13-7 Continuation statement
§ 56-13-8 Lapse or waiver
§ 56-13-9 Oral and written inquiries
§ 56-13-10 Seller disclosure
§ 56-13-11 Adoption of rules and regulations
§ 56-13-12 Receipt of notice
§ 56-13-13 Rights of buyer in the ordinary course of business
§ 56-13-14 Liability of secretary of state waived
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Terms Used In New Mexico Statutes > Chapter 56 > Article 13 - Farm Products Secured Interests

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.