Title to collateral immaterial

NMSA 1978, § 55-9-202, under Article 9.

NMSA 1978, § 55-9-202

Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles or promissory notes, the provisions of Chapter 55, Article 9 NMSA 1978 with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor. History: 1978 Comp., § 55-9-202, enacted by Laws 2001, ch. 139, § 12.