New Mexico Statutes

§ 57-14-5 — Commissions and brokerages unlawful

New Mexico § 57-14-5
JurisdictionNew Mexico
Ch. 57Trade Practices and Regulations
Art. 14Price Discrimination

This text of New Mexico § 57-14-5 (Commissions and brokerages unlawful) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 57-14-5 (2026).

Text

It is unlawful for any person engaged in commerce to pay, grant, receive or accept anything of value as a commission, brokerage or other compensation, or any allowance or discount in lieu thereof, except for services rendered in connection with the sale or purchase of goods, wares or merchandise. It is unlawful for either party to the transaction to pay or grant anything of value as a commission, brokerage or other compensation, or any allowance or discount to the other party to the transaction or to any agent, representative or other intermediary acting for, on behalf of or subject to direct or indirect control of the other party to the transaction.

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Legislative History

1953 Comp., § 49-11-5, enacted by Laws 1961, ch. 229, § 5.

Nearby Sections

15
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Bluebook (online)
New Mexico § 57-14-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/57-14-5.