Indication of collateral

NMSA 1978, § 55-9-504, under Article 9.

NMSA 1978, § 55-9-504

A financing statement sufficiently indicates the collateral that it covers if the financing statement provides: (1) a description of the collateral pursuant to Section 55-9-108 NMSA 1978; or (2) an indication that the financing statement covers all assets or all personal property. History: 1978 Comp., § 55-9-504, enacted by Laws 2001, ch. 139, § 75.