New Mexico · Statutes

Article 2

104 sections

N.M. Stat. § 55-2-101Short title.
N.M. Stat. § 55-2-102Scope; certain security and other transactions excluded
N.M. Stat. § 55-2-103Definitions and index of definitions.
N.M. Stat. § 55-2-104Definitions; "merchant"; "between merchants"; "financing
N.M. Stat. § 55-2-105Definitions: transferability; "goods"; "future" goods;
N.M. Stat. § 55-2-106Definitions; "contract"; "agreement"; "contract for sale";
N.M. Stat. § 55-2-107Goods to be severed from realty; recording.
N.M. Stat. § 55-2-201Formal requirements; statute of frauds.
N.M. Stat. § 55-2-202Final written expression; parol or extrinsic evidence.
N.M. Stat. § 55-2-203Seals inoperative.
N.M. Stat. § 55-2-204Formation in general.
N.M. Stat. § 55-2-205Firm offers.
N.M. Stat. § 55-2-206Offer and acceptance in formation of contract.
N.M. Stat. § 55-2-207Additional terms in acceptance or confirmation.
N.M. Stat. § 55-2-208Repealed.Repealed
N.M. Stat. § 55-2-209Modification, rescission and waiver.
N.M. Stat. § 55-2-210Delegation of performance; assignment of rights.
N.M. Stat. § 55-2-301General obligations of parties.
N.M. Stat. § 55-2-302Unconscionable contract or clause.
N.M. Stat. § 55-2-303Allocation or division of risks.
N.M. Stat. § 55-2-304Price payable in money, goods, realty or otherwise.
N.M. Stat. § 55-2-305Open price term.
N.M. Stat. § 55-2-306Output, requirements and exclusive dealings.
N.M. Stat. § 55-2-307Delivery in single lot or several lots.
N.M. Stat. § 55-2-308Absence of specified place for delivery.
N.M. Stat. § 55-2-309Absence of specific time provisions; notice of
N.M. Stat. § 55-2-310Open time for payment or running of credit; authority to
N.M. Stat. § 55-2-311Options and cooperation respecting performance.
N.M. Stat. § 55-2-312Warranty of title and against infringement; buyer's
N.M. Stat. § 55-2-313Express warranties by affirmation, promise, description,
N.M. Stat. § 55-2-314Implied warranty: merchantability; usage of trade.
N.M. Stat. § 55-2-315Implied warranty: fitness for particular purpose.
N.M. Stat. § 55-2-316Exclusion or modification of warranties.
N.M. Stat. § 55-2-317Cumulation and conflict of warranties express or implied.
N.M. Stat. § 55-2-318Third-party beneficiaries of warranties express or implied.
N.M. Stat. § 55-2-319F.O.B. and F.A.S. terms.
N.M. Stat. § 55-2-320C.I.F. and C.&F. terms.
N.M. Stat. § 55-2-321C.I.F. or C.&F.: "net landed weights"; "payment on
N.M. Stat. § 55-2-322Delivery "ex-ship".
N.M. Stat. § 55-2-323Form of bill of lading required on overseas shipment;
N.M. Stat. § 55-2-324"No arrival, no sale" term.
N.M. Stat. § 55-2-325"Letter of credit" term; "confirmed credit.".
N.M. Stat. § 55-2-326Sale on approval and sale or return; rights of creditors.
N.M. Stat. § 55-2-327Special incidents of sale on approval and sale or return.
N.M. Stat. § 55-2-328Sale by auction.
N.M. Stat. § 55-2-401Passing of title; reservation for security; limited
N.M. Stat. § 55-2-402Rights of seller's creditors against sold goods.
N.M. Stat. § 55-2-403Power to transfer; good faith purchase of goods;
N.M. Stat. § 55-2-501Insurable interest in goods; manner of identification of
N.M. Stat. § 55-2-502Buyer's right to goods on seller's repudiation, failure to
N.M. Stat. § 55-2-503Manner of seller's tender of delivery.
N.M. Stat. § 55-2-504Shipment by seller.
N.M. Stat. § 55-2-505Seller's shipment under reservation.
N.M. Stat. § 55-2-506Rights of financing agency.
N.M. Stat. § 55-2-507Effect of seller's tender; delivery on condition.
N.M. Stat. § 55-2-508Cure by seller of improper tender or delivery;
N.M. Stat. § 55-2-509Risk of loss in the absence of breach.
N.M. Stat. § 55-2-510Effect of breach on risk of loss.
N.M. Stat. § 55-2-511Tender of payment by buyer; payment by check.
N.M. Stat. § 55-2-512Payment by buyer before inspection.
N.M. Stat. § 55-2-513Buyer's right to inspection of goods.
N.M. Stat. § 55-2-514When documents deliverable on acceptance; when on
N.M. Stat. § 55-2-515Preserving evidence of goods in dispute.
N.M. Stat. § 55-2-601Buyer's rights on improper delivery.
N.M. Stat. § 55-2-602Manner and effect of rightful rejection.
N.M. Stat. § 55-2-603Merchant buyer's duties as to rightfully rejected goods.
N.M. Stat. § 55-2-604Buyer's options as to salvage of rightfully rejected goods.
N.M. Stat. § 55-2-605Waiver of buyer's objections by failure to particularize.
N.M. Stat. § 55-2-606What constitutes acceptance of goods.
N.M. Stat. § 55-2-607Effect of acceptance; notice of breach; burden of
N.M. Stat. § 55-2-608Revocation of acceptance in whole or in part.
N.M. Stat. § 55-2-609Right to adequate assurance of performance.
N.M. Stat. § 55-2-610Anticipatory repudiation.
N.M. Stat. § 55-2-611Retraction of anticipatory repudiation.
N.M. Stat. § 55-2-612"Installment contract"; breach.
N.M. Stat. § 55-2-613Casualty to identified goods.
N.M. Stat. § 55-2-614Substituted performance.
N.M. Stat. § 55-2-615Excuse by failure of presupposed conditions.
N.M. Stat. § 55-2-616Procedure on notice claiming excuse.
N.M. Stat. § 55-2-701Remedies for breach of collateral contracts not impaired.
N.M. Stat. § 55-2-702Seller's remedies on discovery of buyer's insolvency.
N.M. Stat. § 55-2-703Seller's remedies in general.
N.M. Stat. § 55-2-704Seller's right to identify goods to the contract
N.M. Stat. § 55-2-705Seller's stoppage of delivery in transit or otherwise.
N.M. Stat. § 55-2-706Seller's resale including contract for resale.
N.M. Stat. § 55-2-707"Person in the position of a seller."
N.M. Stat. § 55-2-708Seller's damages for nonacceptance or repudiation.
N.M. Stat. § 55-2-709Action for the price.
N.M. Stat. § 55-2-710Seller's incidental damages.
N.M. Stat. § 55-2-711Buyer's remedies in general; buyer's security interest in
N.M. Stat. § 55-2-712"Cover"; buyer's procurement of substitute goods.
N.M. Stat. § 55-2-713Buyer's damages for nondelivery or repudiation.
N.M. Stat. § 55-2-714Buyer's damages for breach in regard to accepted goods.
N.M. Stat. § 55-2-715Buyer's incidental and consequential damages.
N.M. Stat. § 55-2-716Buyer's right to specific performance or replevin.
N.M. Stat. § 55-2-717Deduction of damages from the price.
N.M. Stat. § 55-2-718Liquidation or limitation of damages; deposits.
N.M. Stat. § 55-2-719Contractual modification or limitation of remedy.
N.M. Stat. § 55-2-720Effect of "cancellation" or "rescission" on claims for
N.M. Stat. § 55-2-721Remedies for fraud.