2021 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 26 - Rental-Purchase Agreements

Section 57-26-1 - Short title. - Sections 1 through 12 [57-26-1 to 57-26-12 NMSA 1978] of...

Section 57-26-2 - Definitions. - As used in the Rental-Purchase Agreement Act: A. "advertisement" means...

Section 57-26-3 - Exempted transactions; relationship to other laws. - A. The Rental-Purchase Agreement Act does not apply to the...

Section 57-26-4 - General requirements of rental-purchase agreements. - A. Each rental-purchase agreement shall be in writing, dated, signed...

Section 57-26-5 - Disclosures. - A. For each rental-purchase agreement, the lessor shall disclose in...

Section 57-26-6 - Prohibited provisions. - A rental-purchase agreement shall not contain: A. a confession of...

Section 57-26-7 - Reinstatement. - A. A consumer who fails to make a timely rental...

Section 57-26-8 - Receipts. - Upon request by the consumer, a lessor shall provide the...

Section 57-26-9 - Renegotiations and extensions. - A. A renegotiation occurs when any term of a rental-purchase...

Section 57-26-10 - Advertising. - A. An advertisement that refers to or states the dollar...

Section 57-26-11 - Enforcement; remedies; limitations. - A. A lessor who fails to comply with the requirements...

Section 57-26-12 - Lessor's defenses. - A. If a lessor establishes by a preponderance of evidence...