New Mexico § 55-2A-515 Acceptance of goods

New Mexico Statutes

§ 55-2A-515 — Acceptance of goods

New Mexico § 55-2A-515

Ch. 55Uniform Commercial Code

Art. 2ALeases

This text of New Mexico § 55-2A-515 (Acceptance of goods) 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-515 (2026).

Text

(1)Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and:

(a)the lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of their nonconformity; or (b) the lessee fails to make an effective rejection of the goods (Section 55-2A- 509(2) NMSA 1978).

(2)Acceptance of a part of any commercial unit is acceptance of that entire unit.

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(1) Acceptance of goods occurs after the lessee has had a reasonable opportunity to inspect the goods and: (a) the lessee signifies or acts with respect to the goods in a manner that signifies to the lessor or the supplier that the goods are conforming or that the lessee will take or retain them in spite of their nonconformity; or (b) the lessee fails to make an effective rejection of the goods (Section 55-2A- 509(2) NMSA 1978). (2) Acceptance of a part of any commercial unit is acceptance of that entire unit.