New Mexico Statutes 54-1A-1203. Savings clause
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The Uniform Partnership Act (1994) N.M. Stat. Ann. § 54-1A-101 to 54-1A-1206 does not affect an action or proceeding commenced or right accrued before that act takes effect.
Terms Used In New Mexico Statutes 54-1A-1203
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.