{"data":{"id":"us-nm/57-16-9.3","jurisdiction":"us-nm","citation":"57-16-9.3","heading":"Motor vehicle dealers; termination of franchise; return of inventory; exceptions.","body":"A manufacturer or distributor is not required to repurchase:\nA. 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;\nB. inventory for which the dealer is unable to furnish evidence of clear title; or\nC. 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.","path":["Chapter 57 - Trade Practices and Regulations","ARTICLE 16 Motor Vehicle Dealers Franchising"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18560/index.do","current_through":"2025-06-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"efab2a84942de8cdfdbac9d25a71d7217792a4e0f63b763134b2225e6c7bd452","source_id":"us-nm","stale":false,"prev":"us-nm/57-16-9.2","next":"us-nm/57-16-10"},"notice":"GroundRules: Original legal text. Not legal advice."}