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Section 55-2A-401 - Insecurity; adequate assurance of performance. - (1) A lease contract imposes an obligation on each party...
Section 55-2A-402 - Anticipatory repudiation. - If either party repudiates a lease contract with respect to...
Section 55-2A-403 - Retraction of anticipatory repudiation. - (1) Until the repudiating party's next performance is due, the...
Section 55-2A-404 - Substituted performance. - (1) If without fault of the lessee, the lessor and...
Section 55-2A-405 - Excused performance. - Subject to Section 55-2A-404 NMSA 1978 on substituted performance, the...
Section 55-2A-406 - Procedure on excused performance. - (1) If the lessee receives notification of a material or...
Section 55-2A-407 - Irrevocable promises; finance leases. - (1) In the case of a finance lease that is...