Statutes > New Mexico Statutes > Chapter 55 - Uniform Commercial Code. > Article 1 - General Provisions, 55-1-101 through 55-1-310. > Section 55-1-304 - Obligation of good faith.

Section 55-1-304 - Obligation of good faith.

55-1-304. Obligation of good faith.

Every contract or duty within the Uniform Commercial Code [55-1-101 NMSA 1978] imposes an obligation of good faith in its performance and enforcement.