New Mexico Statutes 57-23-4. Exceptions
Current as of: 2023 | Check for updates
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A supplier is not required to repurchase: A. inventory:
Terms Used In New Mexico Statutes 57-23-4
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(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.