{"data":{"id":"us-nm/57-23-6","jurisdiction":"us-nm","citation":"57-23-6","heading":"Late payment.","body":"If a supplier does not make the payment required by the Franchise Termination Act before the sixty-first day after the day that the supplier received the final shipment of the inventory from the dealer, the supplier shall be liable to the dealer for:\nA. the greater of the dealer cost or current price of the inventory;\nB. the expenses incurred by the dealer in returning the inventory to the supplier;\nC. interest on the greater of the dealer cost or current price of the inventory, at the rate applicable to a judgment of a court of this state, for the period beginning on the sixty-first day after the day the supplier received the inventory;\nD. reasonable attorney's fees; and\nE. costs.","path":["Chapter 57 - Trade Practices and Regulations","ARTICLE 23 Franchise Termination"],"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":"91e441e057cd3a6caa8f93404150233acddae5d43c023753add343f5e1d67ffa","source_id":"us-nm","stale":false,"prev":"us-nm/57-23-5","next":"us-nm/57-23-7"},"notice":"GroundRules: Original legal text. Not legal advice."}