N.M. Stat. § 55-9-510
Effectiveness of filed record.
(a) A filed record is effective only to the extent that it was filed by a person that may
file it under Section 55-9-509 NMSA 1978.
(b) A record authorized by one secured party of record does not affect the financing
statement with respect to another secured party of record.
(c) A continuation statement that is not filed within the six-month period prescribed
by Subsection (d) of Section 55-9-515 NMSA 1978 is ineffective.