2011 New Mexico Statutes
Chapter 60: Business Licenses
Article 8A: Trade Practices, 60-8A-1 through 60-8A-19
Section 60-8A-4: Returns.

NM Stat § 60-8A-4 (1996 through 1st Sess 50th Legis) What's This?

60-8A-4. Returns.

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.

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