Section 57-31-4 – Additional requirements; exception.
A. Recurring payments under a distributed energy generation system lease or purchase agreement shall not begin until the distributed energy generation system is energized and interconnected. B. The Distributed Generation Disclosure Act does not apply to an individual or company, acting through its officers, employees, brokers or agents, that markets, sells, solicits, negotiates or enters […]
Section 57-31-5 – Disclosure statement forms.
A. The attorney general shall adopt rules necessary to implement and enforce the provisions of the Distributed Generation Disclosure Act. The attorney general shall, by January 1, 2018, issue form disclosure statements that may be used to provide the disclosures required by the Distributed Generation Disclosure Act for agreements with buyers or lessees. B. Disclosure […]
Section 57-32-1 – Short title.
Sections 1 through 10 [57-32-1 to 57-32-10 NMSA 1978] of this act may be cited as the “Patients’ Debt Collection Protection Act”. History: Laws 2021, ch. 31, § 1. ANNOTATIONS Effective dates. — Laws 2021, ch. 31, § 14 made Laws 2021, ch. 31, § 1 effective July 1, 2021.
Section 57-30-11 – Waiting period for disposal of regulated material.
A secondhand metal dealer shall not process or permit to be removed from the dealer’s premises regulated material until at least twenty-four hours have elapsed since the dealer acquired the regulated material. History: Laws 2008, ch. 29, § 11; 2012, ch. 29, § 10; 2012, ch. 33, § 10. ANNOTATIONS The 2012 amendment, effective July […]
Section 57-30-12 – Prohibited acts.
A person shall not, with the intent to deceive: A. display to a secondhand metal dealer a false or invalid personal identification document in connection with the person’s attempted sale of regulated material; B. make a false material statement or representation to a secondhand metal dealer in connection with: (1) that person’s execution of a […]
Section 57-30-13 – Civil penalty; suspension or revocation of registration.
A. A person who violates any provision of the Sale of Recycled Metals Act may be assessed a civil penalty by the superintendent not to exceed one thousand dollars ($1,000) per violation. B. The superintendent may suspend or revoke the registration of a secondhand metal dealer when the superintendent finds that the dealer has intentionally […]
Section 57-30-14 – Applicability.
The provisions of the Sale of Recycled Metals Act shall not apply to a purchase of regulated material from a manufacturing, industrial or other commercial vendor that sells regulated material in the ordinary course of the vendor’s business. History: Laws 2008, ch. 29, § 15. ANNOTATIONS Compiler’s notes. — Laws 2008, ch. 29, § 15 […]
Section 57-31-1 – Short title.
Sections 1 through 5 [57-31-1 to 57-31-5 NMSA 1978] of this act may be cited as the “Distributed Generation Disclosure Act”. History: Laws 2017, ch. 102, § 1. ANNOTATIONS Effective dates. — Laws 2017, ch. 102 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 16, 2017, […]
Section 57-31-2 – Definitions.
As used in the Distributed Generation Disclosure Act: A. “annual percentage rate” means the cost of credit, expressed as a yearly rate, that relates the amount and timing of value received by the consumer to the amount and timing of payments made; B. “business day” means any day Monday through Friday, unless such day falls […]
Section 57-30-2.3 – Duties of secondhand metal dealers.
A. A secondhand metal dealer shall: (1) maintain a valid registration, issued by the department, and comply with the requirements of the Sale of Recycled Metals Act and rules promulgated pursuant to that act; (2) comply with all federal requirements for scrap metal dealers, including maintaining storm water permits; (3) register for the metal theft […]