New Mexico Statutes

§ 60-8A-8 — Franchises; violations

New Mexico·Ch. 60 Business Licenses·Art. 8A Trade Practices
A.The purpose of the provisions of Sections 60-8A-7 through 60-8A-11 NMSA 1978 is to provide an equal bargaining position between the parties and to protect the health, safety and welfare of the citizens by ensuring that there is an orderly and fair distribution of alcoholic beverages in the state.
B.It is a violation of Sections 60-8A-7 through 60-8A-11 NMSA 1978 for the supplier, directly or through any officer, agent or employee, to fail to act in good faith in performing or complying with any terms, provisions or conditions of the franchise, or in terminating, canceling or not renewing a franchise with a wholesaler, unless such termination, cancellation or failure to renew is done in good faith and for good cause. Good cause shall not include supplier mergers or acquisitions or conso

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Legislative History

Laws 1981, ch. 39, § 55; 1993, ch. 57, § 1.

Nearby Sections

15
§ 60-1-1
Repealed
§ 60-1-10
Repealed
§ 60-1-11
Repealed
§ 60-1-12
Repealed
§ 60-1-13
Repealed
§ 60-1-14
Repealed
§ 60-1-15
Repealed
§ 60-1-15.1
Repealed
§ 60-1-15.2
Repealed
§ 60-1-15.3
Repealed
§ 60-1-16
Repealed
§ 60-1-17
Repealed
§ 60-1-18
Repealed
§ 60-1-19
Repealed
§ 60-1-2
Repealed
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