The purpose of the present act [61-16-3 to 61-16-17 NMSA 1978] is to regulate auction sales of jewelry in order to prevent fraud, deception and misrepresentation upon the buying public at such sales. It is to be construed liberally to effectuate this purpose.
History: Laws 1941, ch. 45, § 1; 1941 Comp., § 51-1503; 1953 Comp., § 67-13-3.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 7 Am. Jur. 2d Auctions and Auctioneers §§ 8, 46.
Jewelry auctions, regulation and licensing of, 53 A.L.R.2d 1433.
7A C.J.S. Auctions and Auctioneers §§ 3, 8, 27.
Structure New Mexico Statutes
Chapter 61 - Professional and Occupational Licenses
Section 61-16-1 - Auctioneers; puffing; fees.
Section 61-16-2 - [Puffing; illegal fees; penalty; civil liability.]
Section 61-16-4 - Scope; auction sales exceptions.
Section 61-16-5 - Sales prohibited without license.
Section 61-16-7 - Application for license.
Section 61-16-10 - Inspectors.
Section 61-16-12 - Licenses limited.
Section 61-16-13 - Persons disqualified.