2018 New Mexico Statutes
Chapter 56 - Commercial Instruments and Transactions
Article 8 - Money, Interest and Usury
Section 56-8-6 - Grain purchase contracts; disclosure regarding act of God clause.
If a written contract for the purchase of grain does not include an act of God clause that relieves the seller of the grain from any obligation to fulfill the contract due to acts of God or other unavoidable accidents which prevent the performance of the contract, the purchaser of the grain shall clearly and conspicuously disclose the absence of that act of God clause on the front page of the written contract. The notice required by this section shall be separately and clearly stated in at least ten-point bold-face type.
History: Laws 1991, ch. 246, § 1.
Repeals and reenactments. — Laws 1991, ch. 246, § 2 repealed 56-8-6 NMSA 1978, as enacted by Laws 1865-1866, ch. 14, § 1, effective April 4, 1991. Laws 1991, ch. 246, § 1 enacted a new 56-8-6 NMSA 1978.
