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2024 New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 5 - Letters of Credit
- Section 55-5-101 - Short title.
- Section 55-5-102 - Definitions.
- Section 55-5-103 - Scope.
- Section 55-5-104 - Formal requirements.
- Section 55-5-105 - Consideration.
- Section 55-5-106 - Issuance, amendment, cancellation and duration.
- Section 55-5-107 - Confirmer, nominated person and adviser.
- Section 55-5-108 - Issuer's rights and obligations.
- Section 55-5-109 - Fraud and forgery.
- Section 55-5-110 - Warranties.
- Section 55-5-111 - Remedies.
- Section 55-5-112 - Transfer of letter of credit.
- Section 55-5-113 - Transfer by operation of law.
- Section 55-5-114 - Assignment of proceeds.
- Section 55-5-115 - Statute of limitations.
- Section 55-5-116 - Choice of law and forum.
- Section 55-5-117 - Subrogation of issuer, applicant and nominated person.
- Section 55-5-118 - Security interest of issuer or nominated person.
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