The affixing of a seal to a record evidencing a lease contract or an offer to enter into a lease contract does not render the record a sealed instrument, and the law with respect to sealed instruments does not apply to the lease contract or offer.

OFFICIAL COMMENTS

1. UCC Official Comments © by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.
2. Uniform Statutory Source. — Section 2-203 [55-2-203 NMSA 1978].
3. Changes. — Revised to reflect leasing practices and terminology. In furtherance of medium neutrality, the references to a "writing" have been changed to refer to a "record."
4. "Lease contract". Section 2A-103(1)(l) [55-2A-103 NMSA 1978].
5. "Writing". Section 1-201(46) [55-1-201 NMSA 1978].

History: 1978 Comp., § 55-2A-203, enacted by Laws 1992, ch. 114, § 19; 2023, ch. 142, § 17.

ANNOTATIONS

The 2023 amendment, effective January 1, 2024, substituted each occurrence of "writing" with "record" throughout the section.