2021 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 16 - Motor Vehicle Dealers Franchising
Section 57-16-1 - Declaration of policy.

Universal Citation: NM Stat § 57-16-1 (2021)

The distribution and sale of motor vehicles in this state vitally affects the general economy of the state and the public interest and welfare of its citizens. It is the policy of this state and the purpose of this act to exercise the state's police power to ensure a sound system of distributing and selling motor vehicles and regulating the manufacturers, distributors, representatives and dealers of those vehicles to provide for compliance with manufacturer's warranties, and to prevent frauds, unfair practices, discriminations, impositions and other abuses of our citizens.

History: 1953 Comp., § 64-37-1, enacted by Laws 1973, ch. 6, § 1.

ANNOTATIONS

Compiler's notes. — The term "this act", referred to in the second sentence, means Laws 1973, Chapter 6, which appears as 57-16-1 to 57-16-6, 57-16-7 to 57-16-9, 57-16-10 to 57-16-16 NMSA 1978. The reference probably should be to all of Chapter 57, Article 16 NMSA 1978.

Law reviews. — For comment, "State v. Galio: An Administrative Search?," see 9 N.M.L. Rev. 419 (1979).

Annual Survey of New Mexico Commercial Law, see 17 N.M.L. Rev. 219 (1987).

Am. Jur. 2d, A.L.R. and C.J.S. references. — 7A Am. Jur. 2d Automobiles and Highway Traffic §§ 394, 396.

Regulation or licensing of business of selling motor vehicles, 57 A.L.R.2d 1265, 7 A.L.R.3d 1173.

Validity and construction of statute regulating dealings between automobile manufacturers, distributors and dealers, 7 A.L.R.3d 1173, 82 A.L.R.4th 624, 51 A.L.R. Fed. 812.

Validity, construction, and application of state statutes regulating dealings between automobile manufacturers, dealers, and franchisees, 82 A.L.R.4th 624.

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