N.M. Stat. Ann. § 55-11A-108 – Presumption that rule of law continues unchanged

Unless a change in law has clearly been made, the provisions of the new U.C.C. shall be deemed declaratory of the meaning of the old U.C.C.

History: 1978 Comp., § 55-12-108, enacted by Laws 1985, ch. 193, § 46; recompiled as § 55-11A-108 by Laws 2023, ch. 142, § 95.

Recompilations. — Laws 2023, ch. 142, § 95 recompiled former 55-12-108 NMSA 1978 as 55-11A-108 NMSA 1978, effective January 1, 2024.