New Mexico Statutes

§ 60-8A-4 — Returns

New Mexico·Ch. 60 Business Licenses·Art. 8A Trade Practices
A.The return or repossession of any stock of alcoholic beverages to or by any licensed New Mexico wholesaler shall not be construed as a sale within the meaning of any provision of the Liquor Control Act [60-3A-1 NMSA 1978].
B.The provisions of Subsection A of this section shall apply in case of the return or repossession of any alcoholic beverages to or by a nonresident licensee by or from any New Mexico wholesaler.

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Legislative History

Laws 1981, ch. 39, § 73.

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