For purposes of Section 1324 of the Food Security Act of 1985, Public Law 99-198, 'receipt of written notice' means the date the notice is actually received by a buyer in the ordinary course of business or the first date upon which delivery is attempted by a carrier. A buyer in the ordinary course of business shall act in good faith. In all cases a buyer in the ordinary course of business shall be presumed to have received the notice ten days after it was mailed. History: Laws 1987, ch. 177, § 12. ANNOTATIONSCompiler's notes. — Laws 1995, ch. 190, § 19 amended Laws 1987, ch. 177, § 16, as amended by Laws 1992, ch. 8, § 1, to delete the provision providing that Laws 1987, ch. 177 is effective until July 1, 1997. Cross references. — For Section 1324 of the federal Food Security Act of 1985, see 7 U.S.C. § 1631.
New Mexico Legal Code