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Governing law is a contractual provision (also known as a choice of law provision) that determines which law shall apply in the event of a dispute. Such a clause is generally honored by the courts which do not interfere with the agreement of the parties regarding the applicable law.
The New Mexico Statutes Annotated is the official codification of New Mexico's laws. Session Laws are a collection of the laws passed in a particular legislative session, in the order they were passed. Statutes are laws enacted by legislative bodies.
Free, online public access to the master database of official state laws, published by the New Mexico Compilation Commission, is now available to the citizens of New Mexico. NMOneSource.com is the official legal research tool of the New Mexico courts and legislature.
In New Mexico, the State Rules Act mandates that all rules must be filed with the Administrative Law Division at the State Records Center and Archives. All adopted rules must be published in the New Mexico Register before they can become effective (with the exception of emergency rules).
Governing law refers to the actual legal statutes that will apply to your agreement, while jurisdiction refers to what court or court system your case will physically be tried in.
New Mexico Statutes Chapter 55. Uniform Commercial Code | FindLaw.
Citations to the New Mexico statutes shall be to the chapter, article, and section of the official 1978 compilation of the New Mexico Statutes Annotated (NMSA 1978), followed by parentheses containing the year of the statute's enactment or the most recent amendment applicable to the pending case.