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2020 New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 4 - Bank Deposits and Collections
Part 5 - COLLECTION OF DOCUMENTARY DRAFTS
- Section 55-4-501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- Section 55-4-502 - Presentment of "on arrival" drafts.
- Section 55-4-503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- Section 55-4-504 - Privilege of presenting bank to deal with goods; security interest for expenses.
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