New Mexico Statutes

§ 61-16-3 — Purpose

New Mexico § 61-16-3
JurisdictionNew Mexico
Ch. 61Professional and Occupational Licenses
Art. 16Auctions

This text of New Mexico § 61-16-3 (Purpose) 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. § 61-16-3 (2026).

Text

The purpose of the present act [61-16-3 to 61-16-17 NMSA 1978] is to regulate auction sales of jewelry in order to prevent fraud, deception and misrepresentation upon the buying public at such sales. It is to be construed liberally to effectuate this purpose.

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Legislative History

Laws 1941, ch. 45, § 1; 1941 Comp., § 51-1503; 1953 Comp., § 67-13-3.

Nearby Sections

15
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Bluebook (online)
New Mexico § 61-16-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/61/61-16-3.