Title to and possession of goods

NMSA 1978, § 55-2A-302, under Article 2A.

NMSA 1978, § 55-2A-302

Except as otherwise provided in this article, each provision of this article applies whether the lessor or a third party has title to the goods, and whether the lessor, the lessee or a third party has possession of the goods, notwithstanding any statute or rule of law that possession or the absence of possession is fraudulent. History: 1978 Comp., § 55-2A-302, enacted by Laws 1992, ch. 114, § 39.