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New Mexico · Through 2024-04-27

55-2-701: Remedies for breach of collateral contracts not impaired.

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Where this section sits in the code
  1. Chapter 55 - Uniform Commercial Code
  2. ARTICLE 2 Sales

Remedies for breach of any obligation or promise collateral or ancillary to a contract for sale are not impaired by the provisions of this article.

OFFICIAL COMMENTS

UCC Official Comments © by ALI & the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.

Prior uniform statutory provision. - None.

Purposes. - Whether a claim for breach of an obligation collateral to the contract for sale requires separate trial to avoid confusion of issues is beyond the scope of this article; but contractual arrangements which as a business matter enter vitally into the contract should be considered a part thereof insofar as cross-claims or defenses are concerned.

"Contract for sale". Section 2-106.

"Remedy". Section 1-201.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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