Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease or the conditions of a letter of credit is determined by Article 2, 2A or 5 of the Uniform Commercial Code. History: 1953 Comp., § 50A-7-509, enacted by Laws 1961, ch. 96, § 7-509; 2005, ch. 144, § 88.
Adequate compliance with commercial contract
NMSA 1978, § 55-7-509, under Article 7.
NMSA 1978, § 55-7-509