N.M. Stat. » Chapter 54 — Partnerships
New Mexico Statutes

N.M. Stat. § 54-2-9 (2026)

Repealed

✓ laws through the 2025 session (retrieved May 2026)
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History: 1978 Comp., § 54-2-9, enacted by Laws 1988, ch. 90, § 9; 1993, ch. 141, § 1; repealed by Laws 2007, ch. 129, § 1206.

ANNOTATIONS

Repeals. — Laws 2007, ch. 129, § 1206 repealed 54-2-9 NMSA 1978, as enacted by Laws 1988, ch. 90, § 9, relating to certificate of limited partnership, effective January 1, 2009. For provisions of former section, see the 2009 NMSA 1978 on NMOneSource.com.

Notes of Decisions
Cited in 5 cases (1 in the last 5 years), 1967–2024 · leading case: Fate v. Owens, 2001-NMCA-040, 27 P.3d 990.
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Fate v. Owens, 2001-NMCA-040, 27 P.3d 990. · cites it 4× “{27} The ULPA, Section 54-2-9(A) (1947), states that “[a] general partner shall have all the rights and powers and be subject to all the restrictions and liabilities of a partner in a partnership without limited partners.”
In re Priestley, 93 B.R. 253 (Bankr. D.N.M. 1988). · cites it 4× “§ 54-2-9 NMSA 1978. Therefore, under the New Mexico statutes, the limited partners can clearly decline to accept performance from someone other than the debtor.”
State v. Allen, 423 P.2d 867 (N.M. 1967). “1953 (dealing with enrichment of flour); § 54-2-9, N.M.S.A. 1953 (relating to the New Mexico egg industry) ; § 54-4-16, N.”
Lincoln Nat'l Life Ins. v. Silver, 966 F. Supp. 587 (N.D. Ill. 1995). “In Counts VI and VII respectively, Lincoln individually and as SFPEF II’s assignee claims that Silver and ADSP breached fiduciary duties owed under N.M. Stat. Ann. §§ 54-2-9 and 54-l-21(A) (1978).”
United States v. 4.0897 Acres of Land, No. 1:22-cv-00798 (D.N.M. Oct. 23, 2024). · cites it 2× “N.M. Stat. Ann. § 54-2-9 (2005) (current version at N.”
N.M. Stat. § 54-2-9(A): 1 case
Fate v. Owens, 2001-NMCA-040, 27 P.3d 990. “{27} The ULPA, Section 54-2-9(A) (1947), states that “[a] general partner shall have all the rights and powers and be subject to all the restrictions and liabilities of a partner in a partnership without limited partners.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.