New Mexico Statutes
§ 55-2-514 — When documents deliverable on acceptance; when on
New Mexico § 55-2-514
This text of New Mexico § 55-2-514 (When documents deliverable on acceptance; when on) 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. § 55-2-514 (2026).
Text
payment. Unless otherwise agreed, documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it is payable more than three days after presentment; otherwise, only on payment.
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Legislative History
1953 Comp., § 50A-2-514, enacted by Laws 1961, ch. 96, § 2-514.
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Repealed§ 55-1-110
Repealed§ 55-1-201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 § 55-2-514, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-2-514.