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2020 New Mexico Statutes
Chapter 60 - Business Licenses
Article 8A - Trade Practices
Section 60-8A-4 - Returns.
Universal Citation: NM Stat § 60-8A-4 (2020)
A. The return or repossession of any stock of alcoholic beverages to or by any licensed New Mexico wholesaler shall not be construed as a sale within the meaning of any provision of the Liquor Control Act [60-3A-1 NMSA 1978].
B. The provisions of Subsection A of this section shall apply in case of the return or repossession of any alcoholic beverages to or by a nonresident licensee by or from any New Mexico wholesaler.
History: Laws 1981, ch. 39, ยง 73.
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