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ASSOCIATED HOME & RV SALES v. BANK OF BELEN

No. 30,829.

294 P.3d 1276 (2012)

2013-NMCA-018

ASSOCIATED HOME AND RV SALES, INC., a New Mexico corporation, d/b/a Enchantment RV and Enchantment RV Service, a New Mexico corporation; Team Events, Inc., a New Mexico corporation; and MDM Company, Inc., a New Mexico corporation, Plaintiffs-Appellants, v. BANK OF BELEN, Defendant-Appellee.

Court of Appeals of New Mexico.

October 30, 2012.

Attorney(s) appearing for the Case

Crowley & Gribble, PC, Clayton E. Crowley , Albuquerque, NM, for Appellants.

Parker & Hay, LLP, Stanley R. Parker , Topeka, KS, Aldridge, Grammer & Hammar, P.A., David A. Grammer, III , Albuquerque, NM, for Appellee.

OPINION

CASTILLO, Chief Judge.

{1} In this appeal, we address three issues. We consider for the first time whether NMSA 1978, Section 55-4-406 (1992) of New Mexico's Uniform Commercial Code (UCC) precludes common law claims for negligence and breach of contract in transactions involving forged checks. We also analyze the effects of Section 55-4-406's one-year statute of repose on its thirty-day limit for bringing actions involving the same serial...

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