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2017 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 16 - Motor Vehicle Dealers Franchising
Section 57-16-7.1 - Sales and service incentives; audit.
Universal Citation: NM Stat § 57-16-7.1 (2017)
57-16-7.1. Sales and service incentives; audit.
A manufacturer or distributor may audit a claim for sales and service incentives only during the six-month period immediately following payment or credit issued for the claim; however, this limitation shall not apply if there is a reasonable suspicion of fraud.
History: Laws 1997, ch. 14, 2; 2011, ch. 111, 2; 2011, ch. 118, 2.
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