New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 7 - Documents of Title

Part 1 - GENERAL

Section 55-7-101 - Short title. - This article shall be known and may be cited as...

Section 55-7-102 - Definitions and index of definitions. - (a) In Chapter 55, Article 7 NMSA 1978, unless the...

Section 55-7-103 - Relation of article to treaty or statute. - (a) Chapter 55, Article 7 NMSA 1978 is subject to...

Section 55-7-104 - Negotiable and nonnegotiable document of title. - (a) Except as otherwise provided in Subsection (c) of this...

Section 55-7-105 - Reissuance in alternative medium. - (a) Upon request of a person entitled under an electronic...

Section 55-7-106 - Control of electronic document of title. - (a) A person has control of an electronic document of...

Part 2 - WAREHOUSE RECEIPTS; SPECIAL PROVISIONS

Section 55-7-201 - Person that may issue a warehouse receipt; storage under bond. - (a) A warehouse receipt may be issued by any warehouse....

Section 55-7-202 - Form of warehouse receipt; effect of omission. - (a) A warehouse receipt need not be in any particular...

Section 55-7-203 - Liability for nonreceipt or misdescription. - A party to or purchaser for value in good faith...

Section 55-7-204 - Duty of care; contractual limitation of warehouse's liability. - (a) A warehouse is liable for damages for loss of...

Section 55-7-205 - Title under warehouse receipt defeated in certain cases. - A buyer in ordinary course of business of fungible goods...

Section 55-7-206 - Termination of storage at warehouse's option. - (a) A warehouse, by giving notice to the person on...

Section 55-7-207 - Goods must be kept separate; fungible goods. - (a) Unless the warehouse receipt provides otherwise, a warehouse shall...

Section 55-7-208 - Altered warehouse receipts. - If a blank in a negotiable tangible warehouse receipt has...

Section 55-7-209 - Lien of warehouse. - (a) A warehouse has a lien against the bailor on...

Section 55-7-210 - Enforcement of warehouse's lien. - (a) Except as otherwise provided in Subsection (b) of this...

Part 3 - BILLS OF LADING; SPECIAL PROVISIONS

Section 55-7-301 - Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load and count"; improper handling. - (a) A consignee of a nonnegotiable bill of lading that...

Section 55-7-302 - Through bills of lading and similar documents of title. - (a) The issuer of a through bill of lading, or...

Section 55-7-303 - Diversion; reconsignment; change of instructions. - (a) Unless the bill of lading otherwise provides, a carrier...

Section 55-7-304 - Tangible bills of lading in a set. - (a) Except as customary in international transportation, a tangible bill...

Section 55-7-305 - Destination bills. - (a) Instead of issuing a bill of lading to the...

Section 55-7-306 - Altered bills of lading. - An unauthorized alteration or filling in of a blank in...

Section 55-7-307 - Lien of carrier. - (a) A carrier has a lien on the goods covered...

Section 55-7-308 - Enforcement of carrier's lien. - (a) A carrier's lien on goods may be enforced by...

Section 55-7-309 - Duty of care; contractual limitation of carrier's liability. - (a) A carrier that issues a bill of lading, whether...

Part 4 - WAREHOUSE RECEIPTS AND BILLS OF LADING; GENERAL OBLIGATIONS

Section 55-7-401 - Irregularities in issue of receipt or bill or conduct of issuer. - The obligations imposed by Chapter 55, Article 7 NMSA 1978...

Section 55-7-402 - Duplicate document of title; overissue. - A duplicate or any other document of title purporting to...

Section 55-7-403 - Obligation of bailee to deliver; excuse. - (a) A bailee shall deliver the goods to a person...

Section 55-7-404 - No liability for good-faith delivery pursuant to document of title. - A bailee that in good faith has received goods and...

Part 5 - WAREHOUSE RECEIPTS AND BILLS OF LADING; NEGOTIATION AND TRANSFER

Section 55-7-501 - Form of negotiation and requirements of due negotiation. - (a) The following rules apply to a negotiable tangible document...

Section 55-7-502 - Rights acquired by due negotiation. - (a) Subject to Sections 55-7-205 and 55-7-503 NMSA 1978, a...

Section 55-7-503 - Document of title to goods defeated in certain cases. - (a) A document of title confers no right in goods...

Section 55-7-504 - Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery. - (a) A transferee of a document of title, whether negotiable...

Section 55-7-505 - Indorser not guarantor for other parties. - The indorsement of a tangible document of title issued by...

Section 55-7-506 - Delivery without indorsement; right to compel indorsement. - The transferee of a negotiable tangible document of title has...

Section 55-7-507 - Warranties on negotiation or delivery of document of title. - If a person negotiates or delivers a document of title...

Section 55-7-508 - Warranties of collecting bank as to documents of title. - A collecting bank or other intermediary known to be entrusted...

Section 55-7-509 - Adequate compliance with commercial contract. - Whether a document of title is adequate to fulfill the...

Part 6 - WAREHOUSE RECEIPTS AND BILLS OF LADING; MISCELLANEOUS PROVISIONS

Section 55-7-601 - Lost, stolen or destroyed documents of title. - (a) If a document of title is lost, stolen or...

Section 55-7-602 - Judicial process against goods covered by negotiable document of title. - Unless a document of title was originally issued upon delivery...

Section 55-7-603 - Conflicting claims; interpleader. - If more than one person claims title to or possession...

Part 7 - WAREHOUSE RECEIPTS; SPECIAL PENALTY PROVISIONS

Section 55-7-701 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-701...

Section 55-7-702 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-702...

Section 55-7-703 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-703...

Section 55-7-704 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-704...

Section 55-7-705 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-705...

Section 55-7-706 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-706...

Part 8 - BILLS OF LADING; SPECIAL PENALTY PROVISIONS

Section 55-7-801 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-801...

Section 55-7-802 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-802...

Section 55-7-803 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-803...

Section 55-7-804 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-804...

Section 55-7-805 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-805...

Section 55-7-806 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-806...

Section 55-7-807 - Repealed. - Repeals. — Laws 2005, ch. 144, § 113 repealed 55-7-807...