There is a newer version of the New Mexico Statutes
2014 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Section 10 Distress Sales
Section 57-10-10 Applicability of Distress Sales Act.
NM Stat § 57-10-10 (2014) What's This?
57-10-10. Applicability of Distress Sales Act.
A. The Distress Sales Act [57-10-1 to 57-10-12 NMSA 1978] shall not apply to any sale conducted by a public officer as a part of his official duties, to any sale for which an accounting must be made to a court of law or to any sale conducted pursuant to an order of a court of law.
B. The Distress Sales Act does not apply to seasonal sales, clearance sales or similar special sales of nondistress merchandise.
History: 1953 Comp., 49-14-10, enacted by Laws 1967, ch. 205, 10.
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