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Section 56-15-16 - Priority subject to subordination — New Mexico Law | CourtGPT
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  6. Section 56-15-16 - Priority subject to subordination
New Mexico Legal Code

Section 56-15-16 - Priority subject to subordination

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The Uniform Assignment of Rents Act does not preclude subordination by agreement as to rents or proceeds. History: Laws 2011, ch. 141, § 16. ANNOTATIONSEffective dates. — Laws 2011, ch. 141, § 20 made §§ 1 through 19, the Uniform Assignment of Rents Act, effective January 1, 2012.