Section 55-12-111 - Temporary provision; effectiveness. - New Mexico Statutes

55-12-111. Temporary provision; effectiveness.

A document of title issued or a bailment that arises before the effective date of this act and the rights, obligations and interests flowing from that document or bailment are governed by any statute or other rule amended or repealed by this act as if amendment or repeal had not occurred and may be terminated, completed, consummated or enforced under that statute or other rule.