New Mexico § 55-2A-509 Lessee's rights on improper delivery; rightful rejection

New Mexico Statutes

§ 55-2A-509 — Lessee's rights on improper delivery; rightful rejection

New Mexico § 55-2A-509

Ch. 55Uniform Commercial Code

Art. 2ALeases

This text of New Mexico § 55-2A-509 (Lessee's rights on improper delivery; rightful rejection) 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. § 55-2A-509 (2026).

Text

(1)Subject to the provisions of Section 2A-510 on default in installment lease contracts, if the goods or the tender or delivery fail in any respect to conform to the lease contract, the lessee may reject or accept the goods or accept any commercial unit or units and reject the rest of the goods.

(2)Rejection of goods is ineffective unless it is within a reasonable time after tender or delivery of the goods and the lessee seasonably notifies the lessor.

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(1) Subject to the provisions of Section 2A-510 on default in installment lease contracts, if the goods or the tender or delivery fail in any respect to conform to the lease contract, the lessee may reject or accept the goods or accept any commercial unit or units and reject the rest of the goods. (2) Rejection of goods is ineffective unless it is within a reasonable time after tender or delivery of the goods and the lessee seasonably notifies the lessor.