2021 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 23 - Franchise Termination

Section 57-23-1 - Short title. - This act [57-23-1 to 57-23-8 NMSA 1978] may be cited...

Section 57-23-2 - Definitions. - As used in the Franchise Termination Act: A. "current price"...

Section 57-23-3 - Termination of franchise; return of inventory. - A. If on termination of a franchise, the dealer delivers...

Section 57-23-4 - Exceptions. - A supplier is not required to repurchase: A. inventory: (1)...

Section 57-23-5 - Warranty claim. - If after the termination of a franchise, the dealer submits...

Section 57-23-6 - Late payment. - If a supplier does not make the payment required by...

Section 57-23-7 - Security interest. - The Franchise Termination Act does not affect a supplier's security...

Section 57-23-8 - Application of bulk transfer law. - The provisions of the Uniform Commercial Code - Bulk Transfers...