New Mexico § 57-9A-2 Definitions

New Mexico Statutes

§ 57-9A-2 — Definitions

New Mexico § 57-9A-2

Ch. 57Trade Practices and Regulations

Art. 9AUnused Merchandise Ownership Protection

This text of New Mexico § 57-9A-2 (Definitions) 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. § 57-9A-2 (2026).

Text

As used in the Unused Merchandise Ownership Protection Act: A. "open market" may include a "swap meet", an "indoor swap meet" or a "flea market" and means an event at which two or more persons offer personal property for sale or exchange and either:

(1)a fee is charged for those persons selling or exchanging personal property or a fee is charged to the public for admission to the event; or (2) the event is held more than six times in a twelve-month period; B. "unused merchandise" means tangible personal property that, since its original production or manufacturing, has never been used or consumed and, if placed in a package or container, is still in its original and unopened package or container; and C. "vendor of unused merchandise" means a person who offers unused merchandise for sale o

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As used in the Unused Merchandise Ownership Protection Act: A. "open market" may include a "swap meet", an "indoor swap meet" or a "flea market" and means an event at which two or more persons offer personal property for sale or exchange and either: (1) a fee is charged for those persons selling or exchanging personal property or a fee is charged to the public for admission to the event; or (2) the event is held more than six times in a twelve-month period; B. "unused merchandise" means tangible personal property that, since its original production or manufacturing, has never been used or consumed and, if placed in a package or container, is still in its original and unopened package or container; and C. "vendor of unused merchandise" means a person who offers unused merchandise for sale or exchange at an open market, except a person who offers five or less items of the same unused merchandise for sale or exchange at an open market.