{"data":{"id":"us-nm/55-2-303","jurisdiction":"us-nm","citation":"55-2-303","heading":"Allocation or division of risks.","body":"Where this article allocates a risk or a burden as between the parties \"unless otherwise agreed,\" the agreement may not only shift the allocation but may also divide the risk or burden.\nOFFICIAL COMMENTS\nUCC Official Comments © by ALI \u0026 the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.\nPrior uniform statutory provision. - None.\n1. This section is intended to make it clear that the parties may modify or allocate \"unless otherwise agreed\" risks or burdens imposed by this article as they desire, always subject, of course, to the provisions on unconscionability.\nCompare Section 1-102(4).\n2. The risk or burden may be divided by the express terms of the agreement or by the attending circumstances, since under the definition of \"agreement\" in this act the circumstances surrounding the transaction as well as the express language used by the parties enter into the meaning and substance of the agreement.\nPoint 1: Sections 1-102 and 2-302.\nPoint 2: Section 1-201.\n\"Party\". Section 1-201.\n\"Agreement\". Section 1-201.","path":["Chapter 55 - Uniform Commercial Code","ARTICLE 2 Sales"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18558/index.do","current_through":"2024-04-27","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"d2f927b1bfc4951c55454930b9e3c1aa236d77bdcf6e3e4108fcd30c6ea58fa4","source_id":"us-nm","stale":false,"prev":"us-nm/55-2-302","next":"us-nm/55-2-304"},"notice":"GroundRules: Original legal text. Not legal advice."}