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New Mexico · Through 2025-06-20

57-23-4: Exceptions.

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Where this section sits in the code
  1. Chapter 57 - Trade Practices and Regulations
  2. ARTICLE 23 Franchise Termination

A supplier is not required to repurchase:

A. inventory:

(1) that the dealer orders after the dealer receives notice of the termination of the franchise from the supplier; or

(2) for which the dealer cannot furnish evidence of clear title that is satisfactory to the supplier; or

B. a repair part that:

(1) has a limited storage life;

(2) is in a broken or damaged package;

(3) is usually sold as part of a set, if the part is separated from the set; or

(4) cannot be sold without reconditioning or repackaging.

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

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