New Mexico § 55-2-324 "No arrival, no sale" term

New Mexico Statutes

§ 55-2-324 — "No arrival, no sale" term

New Mexico § 55-2-324

Ch. 55Uniform Commercial Code

Art. 2Sales

This text of New Mexico § 55-2-324 ("No arrival, no sale" term) 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. § 55-2-324 (2026).

Text

Under a term "no arrival, no sale" or terms of like meaning, unless otherwise agreed:

(a)the seller must properly ship conforming goods and if they arrive by any means he must tender them on arrival but he assumes no obligation that the goods will arrive unless he has caused the nonarrival; and (b) where without fault of the seller the goods are in part lost or have so deteriorated as no longer to conform to the contract or arrive after the contract time, the buyer may proceed as if there had been casualty to identified goods (Section 2-613 [55-2-613 NMSA 1978]).

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Under a term "no arrival, no sale" or terms of like meaning, unless otherwise agreed: (a) the seller must properly ship conforming goods and if they arrive by any means he must tender them on arrival but he assumes no obligation that the goods will arrive unless he has caused the nonarrival; and (b) where without fault of the seller the goods are in part lost or have so deteriorated as no longer to conform to the contract or arrive after the contract time, the buyer may proceed as if there had been casualty to identified goods (Section 2-613 [55-2-613 NMSA 1978]).