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2018 New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 12 - Effective Date and Transition Provisions
Section 55-12-102 - Preservation of old transition provision.
Universal Citation: NM Stat § 55-12-102 (2018)
55-12-102. Preservation of old transition provision.
The provisions of Laws 1961, Chapter 96, Section 10-102, Subsection (2), shall continue to apply to the new U.C.C. and for this purpose the old U.C.C. and the new U.C.C. shall be considered one continuous statute.
History: 1978 Comp., § 55-12-102, enacted by Laws 1985, ch. 193, § 40.
Cross references. — For definition of "old UCC" and "new UCC", see 55-12-101 NMSA 1978.
Compiler's notes. — Laws 1961, Chapter 96, Section 10-102, Subsection (2), referred to near the beginning of this section, provides that the act does not apply to transactions entered prior to the act's effective date. Section 10-101 of ch. 96 makes the Uniform Commercial Code effective on January 1, 1962.
This section appears as § 11-102 in the Uniform Act.
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