New Mexico § 57-16-9.3 Motor vehicle dealers; termination of franchise; return of

New Mexico Statutes

§ 57-16-9.3 — Motor vehicle dealers; termination of franchise; return of

New Mexico § 57-16-9.3

Ch. 57Trade Practices and Regulations

Art. 16Motor Vehicle Dealers Franchising

This text of New Mexico § 57-16-9.3 (Motor vehicle dealers; termination of franchise; return of) 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. § 57-16-9.3 (2026).

Text

inventory; exceptions. A manufacturer or distributor is not required to repurchase: A. inventory that the dealer orders either after the dealer receives notice of the termination of the franchise from the manufacturer or distributor or after any relief, granted by a court to the dealer in the form of temporary restraining orders, temporary injunctions or permanent injunctions, has expired; B. inventory for which the dealer is unable to furnish evidence of clear title; or C. motorcycle attachments or motor vehicle repair parts that have a limited storage life, are in a broken or damaged package, are usually sold as part of a set, if the parts are separated from the set, or cannot be sold without reconditioning.

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inventory; exceptions. A manufacturer or distributor is not required to repurchase: A. inventory that the dealer orders either after the dealer receives notice of the termination of the franchise from the manufacturer or distributor or after any relief, granted by a court to the dealer in the form of temporary restraining orders, temporary injunctions or permanent injunctions, has expired; B. inventory for which the dealer is unable to furnish evidence of clear title; or C. motorcycle attachments or motor vehicle repair parts that have a limited storage life, are in a broken or damaged package, are usually sold as part of a set, if the parts are separated from the set, or cannot be sold without reconditioning.