New Mexico Statutes

§ 55-2A-302 — Title to and possession of goods

New Mexico·Ch. 55 Uniform Commercial Code·Art. 2A Leases
Except as otherwise provided in this article, each provision of this article applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee or a third party has possession of the goods, notwithstanding any statute or rule of law that possession or the absence of possession is fraudulent.

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Legislative History

1978 Comp., § 55-2A-302, enacted by Laws 1992, ch. 114, § 39.

Nearby Sections

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