Any contract or agreement in violation of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978] shall be absolutely void and shall not be enforceable either in law or equity.
History: Laws 1937, ch. 75, § 10; 1941 Comp., § 68-1610; 1953 Comp., § 64-31-10.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Structure New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 11 - Financing of Automobile Sales
Section 57-11-1 - [Agreements restricting financing of sales to certain persons prohibited.]
Section 57-11-6 - [Violators of 57-11-5 NMSA 1978 forbidden to carry on business.]
Section 57-11-7 - [Suits or proceedings against violators of act.]
Section 57-11-9 - [Penalties.]
Section 57-11-10 - [Contract in violation of act void.]
Section 57-11-11 - [Provisions of act cumulative.]
Section 57-11-12 - [Action for damages by violation of act.]