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Home » US Law » 2021 New Mexico Statutes » Chapter 57 - Trade Practices and Regulations » Article 11 - Financing of Automobile Sales

Section 57-11-10 – [Contract in violation of act void.]

Any contract or agreement in violation of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978] shall be absolutely void and shall not be enforceable either in law or equity. History: Laws 1937, ch. 75, § 10; 1941 Comp., § 68-1610; 1953 Comp., § 64-31-10. ANNOTATIONS Bracketed material. — The bracketed material was inserted […]

Section 57-11-11 – [Provisions of act cumulative.]

The provisions hereof shall be held cumulative of each other and of all other laws in any way affecting them now in force in this state. History: Laws 1937, ch. 75, § 11; 1941 Comp., § 68-1611; 1953 Comp., § 64-31-11. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is […]

Section 57-11-12 – [Action for damages by violation of act.]

In addition to the criminal and civil penalties herein provided, any person who is injured in his business or property by any other person or corporation or association or partnership, by reason of anything forbidden or declared to be unlawful by this act [57-11-1 to 57-11-13 NMSA 1978], may sue therefor in any court having […]

Section 57-11-13 – [Definitions.]

A. The term “person,” as used in this act [57-11-1 to 57-11-13 NMSA 1978], means any individual, firm, corporation, partnership, association, trustee, receiver or assignee for the benefit of creditors. B. The terms “sell,” “sold,” “buy” and “purchase,” as used in this act, include exchange, barter, gift and offer or contract to sell or buy. […]

Section 57-11-7 – [Suits or proceedings against violators of act.]

For a violation of any of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978] by any corporation or association mentioned herein, it shall be the duty of the attorney general or the district attorney of the proper county, to institute proper suits or quo warranto proceedings in any court of competent jurisdiction for […]

Section 57-11-9 – [Penalties.]

Any person who violates any of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978], any person who is a party to any agreement or understanding, or to any contract prescribing any condition prohibited by this act, and any employee, agent or officer of any such person who shall participate, in any manner, in […]