New Mexico Statutes
§ 57-5-16 — [Fair and equitable adjustments of contracts permitted.]
New Mexico § 57-5-16
This text of New Mexico § 57-5-16 ([Fair and equitable adjustments of contracts permitted.]) 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. § 57-5-16 (2026).
Text
The provisions of this act [57-5-1 to 57-5-22 NMSA 1978] shall not prohibit fair and equitable adjustments or changes in any contract for pictures in any competitive situation between producers, distributors and exhibitors, provided the same is openly arrived at, and each exhibitor in a competitive situation is accorded the same treatment under like or similar conditions. The provisions of this section shall not apply to franchises in force at the time of the passage of this act.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Laws 1933, ch. 177, § 16; 1941 Comp., § 51-2716; 1953 Comp., § 49-5-16.
Nearby Sections
15
§ 57-1-1.1
Short title§ 57-1-1.2
Definition§ 57-1-10
District attorneys; enforcement§ 57-1-12
Limitations of actions§ 57-1-14
Remedies cumulative§ 57-1-15
Construction§ 57-1-16
[Lawful activities.]§ 57-1-17
Limitation on recovery of damages§ 57-1-19
[Violation of act; penalty.]§ 57-1-2
MonopoliesCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 57-5-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/57/57-5-16.