New Mexico Statutes
§ 55-1-304 — Obligation of good faith
New Mexico § 55-1-304
This text of New Mexico § 55-1-304 (Obligation of good faith) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 55-1-304 (2026).
Text
Every contract or duty within the Uniform Commercial Code [55-1-101 NMSA 1978] imposes an obligation of good faith in its performance and enforcement.
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Legislative History
1953 Comp., § 50A-1-203, enacted by Laws 1961, ch. 96, § 1-203 1978
Nearby Sections
15
§ 55-1-101
Short titles§ 55-1-102
Scope of article§ 55-1-104
Construction against implicit repeal§ 55-1-105
Severability§ 55-1-106
Use of singular and plural; gender§ 55-1-107
Section captions§ 55-1-109
Repealed§ 55-1-110
Repealed§ 55-1-201
General definitions§ 55-1-202
Notice; knowledge§ 55-1-204
Value§ 55-1-205
Reasonable time; seasonablenessCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 55-1-304, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-1-304.