2019 New Mexico Statutes
Chapter 53 - Corporations
Article 4 - Cooperative Associations
Section 53-4-42 - Legality declared; not in restraint of trade.

Universal Citation: NM Stat § 53-4-42 (2019)

No association, or method or act thereof which complies with these provisions shall be deemed a conspiracy or combination in restraint of trade or an illegal monopoly, or an attempt to lessen competition or fix prices arbitrarily, or to accomplish any improper or illegal purposes.

History: Laws 1939, ch. 164, § 42; 1941 Comp., § 54-1442; 1953 Comp., § 51-15-42.


Am. Jur. 2d, A.L.R. and C.J.S. references. — 18 Am. Jur. 2d Cooperative Associations §§ 30, 34.

Construction of § 1 of the Capper-Volstead Act (7 U.S.C. § 291) authorizing persons engaged in production of agricultural products to act together in association, 20 A.L.R. Fed. 924.

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