N.M. Stat. Ann. § 56-15-16
The Uniform Assignment of Rents Act does not preclude subordination by agreement as to rents or proceeds.
History: Laws 2011, ch. 141, § 16.
Effective dates. — Laws 2011, ch. 141, § 20 made §§ 1 through 19, the Uniform Assignment of Rents Act, effective January 1, 2012.