New Mexico Statutes

§ 55-1-308 — Performance or acceptance under reservation of rights

New Mexico § 55-1-308
JurisdictionNew Mexico
Ch. 55Uniform Commercial Code
Art. 1General Provisions

This text of New Mexico § 55-1-308 (Performance or acceptance under reservation of rights) 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. § 55-1-308 (2026).

Text

(a)A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice", "under protest" or the like are sufficient.
(b)Subsection (a) of this section does not apply to an accord and satisfaction.

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Legislative History

1953 Comp., § 50A-1-207, enacted by Laws 1961, ch. 96, § 1-207; 1978

Nearby Sections

15
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Bluebook (online)
New Mexico § 55-1-308, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-1-308.