New Mexico § 58-13A-4 Exempt persons

New Mexico Statutes

§ 58-13A-4 — Exempt persons

New Mexico § 58-13A-4

Ch. 58Financial Institutions and Regulations

Art. 13AModel State Commodity Code

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Bluebook

N.M. Stat. Ann. § 58-13A-4 (2026).

Text

The prohibition in Subsection B of Section 3 [58-13A-3 NMSA 1978] of the Model State Commodity Code shall not apply to any of the following persons, or any employee, officer or director thereof acting solely in that capacity: A. a person registered with the commodity futures trading commission as a futures commission merchant or as a leverage transaction merchant whose activities require such registration; B. a person registered with the securities and exchange commission as a broker- dealer whose activities require such registration; C. a person affiliated with, and whose obligations and liabilities are guaranteed by, a person referred to in Subsection A or B of this section; D. a person who is a member of a contract market designated by the commodity futures trading commission or any cle

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The prohibition in Subsection B of Section 3 [58-13A-3 NMSA 1978] of the Model State Commodity Code shall not apply to any of the following persons, or any employee, officer or director thereof acting solely in that capacity: A. a person registered with the commodity futures trading commission as a futures commission merchant or as a leverage transaction merchant whose activities require such registration; B. a person registered with the securities and exchange commission as a broker- dealer whose activities require such registration; C. a person affiliated with, and whose obligations and liabilities are guaranteed by, a person referred to in Subsection A or B of this section; D. a person who is a member of a contract market designated by the commodity futures trading commission or any clearinghouse thereof; E. a financial institution; or F. a person registered under the laws of this state as a securities broker-dealer whose activities require such registration.