The Pyramid Promotional Schemes Act does not apply to publishers, broadcasters, printers or other persons engaged in the dissemination of information or reproduction of printed or pictorial matters who publish, broadcast or reproduce material without actual knowledge of its being in violation of that act.
History: 1953 Comp., § 50-20-14, enacted by Laws 1973, ch. 377, § 14; 1987, ch. 100, § 13.
The 1987 amendment, effective June 19, 1987, substituted "Pyramid Promotional Schemes Act" for "Pyramid or Multilevel Sales Act" and made a minor language change at the end of the section.
Structure New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 13 - Pyramid or Multilevel Sales
Section 57-13-1 - Short title.
Section 57-13-2 - Definitions.
Section 57-13-3 - Prohibition; defenses excluded.
Section 57-13-4 - Restraint of prohibited acts; restitution; penalties.
Section 57-13-5 - Settlements.
Section 57-13-6 - Private remedies.
Section 57-13-8 - Pyramid Promotional Schemes Act restitution fund.
Section 57-13-9 - Civil investigative demand.
Section 57-13-11 - Regulations.
Section 57-13-12 - Construction.
Section 57-13-13 - Enforcement.
Section 57-13-14 - Advertising media excluded.
Section 57-13-15 - Issuance of ne exeat.
Section 57-13-16 - Posting of bond.