History: 1953 Comp., § 50A-1-208, enacted by Laws 1961, ch. 96, § 1-208; repealed by Laws 2005, ch. 144, § 113.
Repeals. — Laws 2005, ch. 144, § 113 repealed 55-1-208 NMSA 1978, as enacted by Laws 1961, ch. 96, § 1-208, relating to option to accelerate at will, effective January 1, 2006. For provisions of current law, see 55-1-309 NMSA 1978.
Structure New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 1 - General Provisions
Part 2 - GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION
Section 55-1-201 - General definitions.
Section 55-1-202 - Notice; knowledge.
Section 55-1-203 - Lease distinguished from security interest.
Section 55-1-205 - Reasonable time; seasonableness.