In connection with a sale of a motor vehicle or vehicles to the state or to any political subdivision thereof, no manufacturer, distributor or representative shall offer any discounts, refunds or any other similar type of inducement to any dealer without making the same offer or offers to all other of its dealers within the relevant market area, and if such inducements are made, the manufacturer, distributor or representative shall give simultaneous notice thereof to all of its dealers within the relevant market area who have requested such notice.
History: 1953 Comp., § 64-37-10, enacted by Laws 1973, ch. 6, § 10.
Structure New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 16 - Motor Vehicle Dealers Franchising
Section 57-16-1 - Declaration of policy.
Section 57-16-2 - Application of act.
Section 57-16-3 - Definitions.
Section 57-16-4 - Unlawful acts; dealers.
Section 57-16-5 - Unlawful acts; manufacturers; distributors; representatives.
Section 57-16-5.1 - Prohibition on denial of claims based on technical errors.
Section 57-16-6 - Obligations; statement of compensation.
Section 57-16-6.1 - Motorcycle dealers; new product; franchise or sales agreement.
Section 57-16-6.2 - Recreational vehicles; franchise agreements.
Section 57-16-7 - Warranty and recall claims; payment.
Section 57-16-7.1 - Sales and service incentives; audit.
Section 57-16-8 - Unreasonable restrictions; site control agreements; exclusive use agreements.
Section 57-16-9 - Franchise renewal; termination; anticipatory termination.
Section 57-16-9.1 - Succession to motorcycle dealership.
Section 57-16-9.2 - Motor vehicle dealers; termination of franchise; return of inventory.
Section 57-16-10 - Refunds; discounts.
Section 57-16-11 - Injunction.
Section 57-16-12 - Venue of suits; relief.
Section 57-16-13 - Right of action; damages.
Section 57-16-14 - Limitations on suits.