2015 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Section 23 Franchise Termination
Section 57-23-8 Application of bulk transfer law.

NM Stat § 57-23-8 (2015) What's This?

57-23-8. Application of bulk transfer law.

The provisions of the Uniform Commercial Code - Bulk Transfers [Chapter 55, Article 6 NMSA 1978] do not apply to a transaction between a supplier and dealer that is required by the Franchise Termination Act [57-23-1 to 57-23-8 NMSA 1978].

History: Laws 1985, ch. 229, 8.

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