Unless a change in law has clearly been made, the provisions of the new U.C.C. shall be deemed declaratory of the meaning of the old U.C.C.
History: 1978 Comp., § 55-12-108, enacted by Laws 1985, ch. 193, § 46.
Cross references. — For definition of "old UCC" and "new UCC," see 55-12-101 NMSA 1978.
Compiler's notes. — This section appears as § 11-108 in the Uniform Act.
Structure New Mexico Statutes
Chapter 55 - Uniform Commercial Code
Article 12 - Effective Date and Transition Provisions
Section 55-12-101 - Effective date; ["old U.C.C." and "new U.C.C." defined]
Section 55-12-102 - Preservation of old transition provision.
Section 55-12-103 - Transition to new U.C.C.; general rule.
Section 55-12-104 - Transition provision on change of requirement of filing.
Section 55-12-105 - Transition provision on change of place of filing.
Section 55-12-106 - Required refilings.
Section 55-12-107 - Transition provisions as to priorities.
Section 55-12-108 - Presumption that rule of law continues unchanged.
Section 55-12-109 - Saving clause.