There is a newer version of the New Mexico Statutes
2013 New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 2A - Leases
Part 5 - DEFAULT
Section 55-2A-515 - Acceptance of goods. (1992)
NM Stat § 55-2A-515 (2013) What's This?
55-2A-515. Acceptance of goods. (1992)
(1) Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and:
(a) the lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of their nonconformity; or
(b) the lessee fails to make an effective rejection of the goods (Section 55-2A-509(2) NMSA 1978).
(2) Acceptance of a part of any commercial unit is acceptance of that entire unit.
History: 1978 Comp., § 55-2A-515, enacted by Laws 1992, ch. 114, § 70.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
