A. The return or repossession of any stock of alcoholic beverages to or by any licensed New Mexico wholesaler shall not be construed as a sale within the meaning of any provision of the Liquor Control Act [60-3A-1 NMSA 1978].
B. The provisions of Subsection A of this section shall apply in case of the return or repossession of any alcoholic beverages to or by a nonresident licensee by or from any New Mexico wholesaler.
History: Laws 1981, ch. 39, ยง 73.
Structure New Mexico Statutes
Chapter 60 - Business Licenses
Section 60-8A-1 - Unfair competition; exclusive outlet; tied house; consignment sales.
Section 60-8A-1.1 - Unlawful inducements.
Section 60-8A-2 - Territorial designation for distribution of beer; agreement.
Section 60-8A-6 - Primary American source of supply.
Section 60-8A-7 - Franchises; definitions.
Section 60-8A-8 - Franchises; violations.
Section 60-8A-9 - Franchises; recovery of damages; injunction; remedies independent.
Section 60-8A-10 - Franchises; actions; defense.
Section 60-8A-11 - Franchises; time limit for bringing of action.
Section 60-8A-12 - Filing of schedules required.
Section 60-8A-13 - Selling to wholesalers at prices different than shown in schedule.
Section 60-8A-14 - Form of schedule.
Section 60-8A-15 - Filing of affirmation.
Section 60-8A-16 - Failure to file; schedule deemed invalid.
Section 60-8A-17 - Determination of lowest price.