2019 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 12 - Unfair Trade Practices
Section 57-12-4 - Interpretation.

Universal Citation: NM Stat § 57-12-4 (2019)

It is the intent of the legislature that in construing Section 3 [57-12-3 NMSA 1978] of the Unfair Practices Act the courts to the extent possible will be guided by the interpretations given by the federal trade commission and the federal courts.

History: 1953 Comp., § 49-15-4, enacted by Laws 1967, ch. 268, § 4.

ANNOTATIONS

Federal court definitions inapplicable to terms defined in Section 57-12-2 NMSA 1978. — Since 57-12-2 NMSA 1978 defines both "unfair or deceptive" and "unconscionable" trade practices, relying on this section to apply federal court definitions of those terms would not be giving effect to the statute. Richardson Ford Sales, Inc. v. Johnson, 1984-NMCA-007, 100 N.M. 779, 676 P.2d 1344.

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