New Mexico § 55-2-304 Price payable in money, goods, realty or otherwise

New Mexico Statutes

§ 55-2-304 — Price payable in money, goods, realty or otherwise

New Mexico § 55-2-304

Ch. 55Uniform Commercial Code

Art. 2Sales

This text of New Mexico § 55-2-304 (Price payable in money, goods, realty or otherwise) 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. § 55-2-304 (2026).

Text

(1)The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer.

(2)Even though all or part of the price is payable in an interest in realty the transfer of the goods and the seller's obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor's obligations in connection therewith.

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(1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer. (2) Even though all or part of the price is payable in an interest in realty the transfer of the goods and the seller's obligations with reference to them are subject to this article, but not the transfer of the interest in realty or the transferor's obligations in connection therewith.