2021 New Mexico Statutes
Chapter 57 - Trade Practices and Regulations
Article 16A - Motor Vehicle Quality Assurance
Section 57-16A-7.1 - Notice of replacement or repurchase to used motor vehicle dealers and consumers.
A manufacturer, its agent, its authorized dealer or a used motor vehicle dealer that has been ordered by judgment or decree to replace or repurchase or that has replaced or repurchased a motor vehicle pursuant to the Motor Vehicle Quality Assurance Act shall, before offering the motor vehicle for resale, attach to the motor vehicle written notification indicating that the motor vehicle has been replaced or repurchased. A consumer or a used motor vehicle dealer may bring a cause of action against a person who removes the notification from the motor vehicle, unless the manufacturer, its agent or its authorized dealer or a used motor vehicle dealer, before completion of the sale, has provided the purchaser with written notification by the manufacturer, dealer or agent of the dealer, that the motor vehicle has been replaced or repurchased.
History: Laws 2003, ch. 216, § 2.
ANNOTATIONSEffective dates. — Laws 2003, ch. 216, § 4 made Laws 2003, ch. 216, § 2 effective January 1, 2004.
