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2013 New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 13 - Farm Products Secured Interests
Section 56-13-12 - Receipt of notice. (1987)


NM Stat § 56-13-12 (2013) What's This?

56-13-12. Receipt of notice. (1987) 
For purposes of Section 1324 of the Food Security Act of 1985, Public Law 99-198, "receipt of written notice" means the date the notice is actually received by a buyer in the ordinary course of business or the first date upon which delivery is attempted by a carrier. A buyer in the ordinary course of business shall act in good faith. In all cases a buyer in the ordinary course of business shall be presumed to have received the notice ten days after it was mailed.   
  History: Laws 1987, ch. 177, § 12. 

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