New Mexico § 58-17-1 Declaration of policy

New Mexico Statutes

§ 58-17-1 — Declaration of policy

New Mexico § 58-17-1

Ch. 58Financial Institutions and Regulations

Art. 17Endowed Care of Cemeteries

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Bluebook

N.M. Stat. Ann. § 58-17-1 (2026).

Text

It is declared to be necessary in the public interest that cemeteries advertising or selling "endowed care or perpetual care" in connection with the sale of cemetery lots or burial spaces be subject to sufficient regulation by the state to ensure the establishment of sound business practices necessary to furnish the endowed care or perpetual care guaranteed. The provisions of the Endowed Care Cemetery Act [Chapter 58, Article 17 NMSA 1978] shall be liberally construed to carry out its purposes.

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It is declared to be necessary in the public interest that cemeteries advertising or selling "endowed care or perpetual care" in connection with the sale of cemetery lots or burial spaces be subject to sufficient regulation by the state to ensure the establishment of sound business practices necessary to furnish the endowed care or perpetual care guaranteed. The provisions of the Endowed Care Cemetery Act [Chapter 58, Article 17 NMSA 1978] shall be liberally construed to carry out its purposes.