New Mexico Statutes

§ 57-16-10 — Refunds; discounts

New Mexico § 57-16-10
JurisdictionNew Mexico
Ch. 57Trade Practices and Regulations
Art. 16Motor Vehicle Dealers Franchising

This text of New Mexico § 57-16-10 (Refunds; discounts) 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. § 57-16-10 (2026).

Text

In connection with a sale of a motor vehicle or vehicles to the state or to any political subdivision thereof, no manufacturer, distributor or representative shall offer any discounts, refunds or any other similar type of inducement to any dealer without making the same offer or offers to all other of its dealers within the relevant market area, and if such inducements are made, the manufacturer, distributor or representative shall give simultaneous notice thereof to all of its dealers within the relevant market area who have requested such notice.

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Legislative History

1953 Comp., § 64-37-10, enacted by Laws 1973, ch. 6, § 10.

Nearby Sections

15
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Bluebook (online)
New Mexico § 57-16-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/57/57-16-10.