{"data":{"id":"us-nm/61-16-3","jurisdiction":"us-nm","citation":"61-16-3","heading":"Purpose.","body":"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.","path":["Chapter 61 - Professional and Occupational Licenses","ARTICLE 16 Auctions"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18564/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"05d82c3ac2faeb6e856b46aec677ba5cc4d5701118082aa9a6c332fa7877b6a5","source_id":"us-nm","stale":false,"prev":"us-nm/61-16-2","next":"us-nm/61-16-4"},"notice":"GroundRules: Original legal text. Not legal advice."}