New Mexico Statutes Chapter 55. Uniform Commercial Code § 55-12A-102. Definitions

(1) “adjustment date” means July 1, 2025;

(2) “Article 12” means Article 12 of the Uniform Commercial Code; and

(3) “Article 12 property” means a controllable account, controllable electronic record or controllable payment intangible.

(1) “controllable account”, as provided in Section 55-9-102 NMSA 1978;

(2) “controllable electronic record”, as provided in Section 55-12-102 NMSA 1978;

(3) “controllable payment intangible”, as provided in Section 55-9-102 NMSA 1978;

(4) “electronic money”, as provided in Section 55-9-102 NMSA 1978; and

(5) “financing statement”, as provided in Section 55-9-102 NMSA 1978.