The provisions of this act [57-5-1 to 57-5-22 NMSA 1978] shall not prohibit fair and equitable adjustments or changes in any contract for pictures in any competitive situation between producers, distributors and exhibitors, provided the same is openly arrived at, and each exhibitor in a competitive situation is accorded the same treatment under like or similar conditions. The provisions of this section shall not apply to franchises in force at the time of the passage of this act.
History: Laws 1933, ch. 177, § 16; 1941 Comp., § 51-2716; 1953 Comp., § 49-5-16.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Compiler's notes. — The phrase "at the time of the passage of this act", referred to at the end of the section, means the time of the passage and approval of Laws 1933, Chapter 177, which was approved on March 17, 1933.
Structure New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Section 57-5-2 - [Purpose of act; violations; penalty.]
Section 57-5-3 - [Restrictive contracts, combinations or monopolies illegal; penalty.]
Section 57-5-5 - [Division of products among exhibitors.]
Section 57-5-8 - [Secret rebates or arrangements unlawful; penalty.]
Section 57-5-14 - [Civil liability for violation.]
Section 57-5-15 - [Misrepresentation of box office value; civil liability.]
Section 57-5-16 - [Fair and equitable adjustments of contracts permitted.]
Section 57-5-17 - [Existing contracts to be filed with public regulation commission.]
Section 57-5-18 - [Public regulation commission as agent for service of process.]
Section 57-5-19 - [Failure to designate agent for service of process; penalty; pictures barred.]
Section 57-5-20 - [Venue of prosecutions.]
Section 57-5-22 - [Determination of first and second run theaters by public regulation commission.]