N.M. Stat. § 55-2A-404
Substituted performance.
(1) If without fault of the lessee, the lessor and the supplier, the agreed berthing,
loading or unloading facilities fail or the agreed type of carrier becomes unavailable or
the agreed manner of delivery otherwise becomes commercially impracticable, but a
commercially reasonable substitute is available, the substitute performance must be
tendered and accepted.
(2) If the agreed means or manner of payment fails because of domestic or foreign
governmental regulation:
(a)
the lessor may withhold or stop delivery or cause the supplier to withhold
or stop delivery unless the lessee provides a means or manner of payment that is
commercially a substantial equivalent; and
(b)
if delivery has already been taken, payment by the means or in the
manner provided by the regulation discharges the lessee's obligation unless the
regulation is discriminatory, oppressive or predatory.