Section 55-12-108 - Presumption that rule of law continues unchanged.

NM Stat § 55-12-108 (2019) (N/A)
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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.