New Mexico Statutes

§ 61-16-3 — Purpose

New Mexico·Ch. 61 Professional and Occupational Licenses·Art. 16 Auctions
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

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