For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Obligation of good faith

NMSA 1978, § 47-8-11
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
47-8-11. Obligation of good faith Every duty under the Uniform Owner-Resident Relations Act and every act which must be performed as a condition precedent to the exercise of a right or remedy under the Uniform Owner-Resident Relations Act imposes an obligation of good faith in its performance or enforcement. 1953 Comp., § 70-7-11, enacted by Laws 1975, ch. 38, § 11.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18550/index.do#!b/47-8-11Fetched: 10/20/2026

Starting a business in New Mexico? New Mexico LLC guide: costs and requirements