There is a newer version
of
this Section
2017 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 11 - Financing of Automobile Sales
Section 57-11-6 - Violators of 57-11-5 NMSA 1978 forbidden to carry on business.
Universal Citation: NM Stat § 57-11-6 (2017)
57-11-6. [Violators of 57-11-5 NMSA 1978 forbidden to carry on business.]
It shall be unlawful for any person who hereafter so accepts or receives, either directly or indirectly, any payment, thing or service of value, as set forth in Section 5 [57-11-5 NMSA 1978] of this act, or hereafter so contracts, either directly or indirectly, to receive any such payment or thing or service of value to thereafter finance or attempt to finance the purchase or sale of any motor vehicle or buy or attempt to buy any conditional sales contracts, chattel mortgages or leases on motor vehicles sold at retail in this state.
History: Laws 1937, ch. 75, 6; 1941 Comp., 68-1606; 1953 Comp., 64-31-6.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
