For a violation of any of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978] by any corporation or association mentioned herein, it shall be the duty of the attorney general or the district attorney of the proper county, to institute proper suits or quo warranto proceedings in any court of competent jurisdiction for the forfeiture of its charter rights, franchises or privileges and powers exercised by such corporation or association, and for the dissolution of the same under the general statutes of the state.
History: Laws 1937, ch. 75, § 7; 1941 Comp., § 68-1607; 1953 Comp., § 64-31-7.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Cross references. — For proceedings in quo warranto, generally, see 44-3-1 to 44-3-16 NMSA 1978.
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.]