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New Mexico · Through 2025-06-20

57-16-9.3: Motor vehicle dealers; termination of franchise; return of inventory; exceptions.

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Where this section sits in the code
  1. Chapter 57 - Trade Practices and Regulations
  2. ARTICLE 16 Motor Vehicle Dealers Franchising

A manufacturer or distributor is not required to repurchase:

A. inventory that the dealer orders either after the dealer receives notice of the termination of the franchise from the manufacturer or distributor or after any relief, granted by a court to the dealer in the form of temporary restraining orders, temporary injunctions or permanent injunctions, has expired;

B. inventory for which the dealer is unable to furnish evidence of clear title; or

C. motorcycle attachments or motor vehicle repair parts that have a limited storage life, are in a broken or damaged package, are usually sold as part of a set, if the parts are separated from the set, or cannot be sold without reconditioning.

Collected 2026-09-03T15:02:20Z. Source file · JSON

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