N.M. Stat. » Chapter 55 — Uniform Commercial Code
New Mexico Statutes

N.M. Stat. § 55-3-101 (2026)

Short title

✓ current as of May 2026
Find cases: SyfertCases citing this section NM-LEGnmonesource.com JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

This article may be cited as Uniform Commercial Code - Negotiable Instruments.

History: 1978 Comp., § 55-3-101, enacted by Laws 1992, ch. 114, § 88.

ANNOTATIONS

Repeals. — Laws 1992, ch. 114, § 237 repealed former 55-3-101 NMSA 1978, as enacted by Laws 1961, ch. 96, § 3-101, relating to short title, effective July 1, 1992. Laws 1992, ch. 114, § 88, enacted a new section, effective July 1, 1992.

Effective dates. — Laws 1992, ch. 114, § 238 made Laws 1992, ch. 114, § 88 the act effective July 1, 1992.

Law reviews. — For article, "Lender Recourse in Indian Country: A Navajo Case Study," see 21 N.M.L. Rev. 275 (1991).

Am. Jur. 2d, A.L.R. and C.J.S. references. — 11 Am. Jur. 2d Bills and Notes § 42.

Notes of Decisions
Cited in 5 cases, 1980–2002 · leading case: Farmers, Inc. v. Dal Mach. & Fabricating, Inc., 800 P.2d 1063 (N.M. 1990).
Sort: Relevance Newest Treatment
Farmers, Inc. v. Dal Mach. & Fabricating, Inc., 800 P.2d 1063 (N.M. 1990). “Specifically, appellant argues that the court’s conclusions of law demonstrate that the decision was based entirely on NMSA 1978, Sections 55-3-101 to -805, the article in the Uniform Commercial Code dealing with negotiable instruments.”
Gallagher v. Santa Fe Fed. Employees Fed. Credit Union, 52 P.3d 412 (N.M. Ct. App. 2002). · cites it 2× “{7} Credit Union’s second summary judgment motion invoked two statutes of limitations in Section 55-3-118 of the New Mexico Uniform Commercial Code — Negotiable Instruments (UCC), NMSA 1978, §§ 55-3-101 to -605 (1992), namely, Subsections (d) and (g) of Section 55-3-118: (d) An…”
State v. Sheets, 610 P.2d 760 (N.M. Ct. App. 1980). “is headed “Commercial Paper” and § 55-3-101, N.M.S.A.1978 states the article may be cited as “Uniform Commercial Code — Commercial Paper.”
Venaglia v. Kropinak, 956 P.2d 824 (N.M. Ct. App. 1998). “One is Article 3 of the Uniform Commercial Code, codified in New Mexico at NMSA 1978, Sections 55-3-101 to -605 (1992). (In the New Mexico statutes the numbering is identical to that in Article 3 of the UCC, except that the New Mexico chapter number — 55—precedes the UCC number.”
Hot Springs Nat'l Bank v. Stoops, 613 P.2d 710 (N.M. 1980). “It is undisputed by the parties that the promissory notes involved in this appeal are negotiable instruments, and thus are subject to the New Mexico statutes governing commercial paper, §§ 55-3-101 to 55-3-805, N.M.S.A.1978 (Supp.”
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.