New Mexico Statutes
§ 57-5-16 — [Fair and equitable adjustments of contracts permitted.]
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.
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New Mexico § 57-5-16 ([Fair and equitable adjustments of contracts permitted.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
Monopolies