New Mexico Statutes 57-12B-2. Definitions
Current as of: 2023 | Check for updates
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As used in the Privacy Protection Act:
Terms Used In New Mexico Statutes 57-12B-2
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
A. “business” means a commercial enterprise that:
(1) sells or leases or intends to sell or lease products, goods or services to consumers;
(2) is an agent of a business described in Paragraph (1) of this subsection; or
(3) is an agent of a nonprofit organization selling marketing services to that organization; and
B. “consumer” means a natural person, who is a resident of New Mexico, and who purchases, leases or otherwise contracts for products, goods or services within New Mexico that are primarily used for personal, family or household purposes.