2017 New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 2 - Sales
Part 5 - PERFORMANCE
Section 55-2-512 - Payment by buyer before inspection.

Universal Citation: NM Stat § 55-2-512 (2017)

55-2-512. Payment by buyer before inspection.

(1) Where the contract requires payment before inspection non-conformity of the goods does not excuse the buyer from so making payment unless:

(a) the non-conformity appears without inspection; or

(b) despite tender of the required documents the circumstances would justify injunction against honor under the provisions of the Uniform Commercial Code (Section 55-5-109 NMSA 1978).

(2) Payment pursuant to Subsection (1) of this section does not constitute an acceptance of goods or impair the buyer's right to inspect or any of his remedies.

History: 1953 Comp., 50A-2-512, enacted by Laws 1961, ch. 96, 2-512; 1997, ch. 75, 2.

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