New Mexico Statutes 55-2-604. Buyer’s options as to salvage of rightfully rejected goods
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Subject to the provisions of the immediately preceding section [55-2-603 N.M. Stat. Ann.] on perishables, if the seller gives no instructions within a reasonable time after notification of rejection, the buyer may store the rejected goods for the seller’s account or reship them to him or resell them for the seller’s account with reimbursement as provided in the preceding section. Such action is not acceptance or conversion.
Terms Used In New Mexico Statutes 55-2-604
- buyer: means a person who buys or contracts to buy goods. See New Mexico Statutes 55-2-103
- seller: means a person who sells or contracts to sell goods. See New Mexico Statutes 55-2-103