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Statutes > New Mexico Statutes > Chapter 57 - Trade Practices and Regulations. > Article 11 - Financing of Automobile Sales, 57-11-1 through 57-11-13.

Article 11 - Financing of Automobile Sales, 57-11-1 through 57-11-13.

  • Section 57-11-1 - Agreements restricting financing of sales to certain persons prohibited.
  • Section 57-11-2 - Threat of refusal to sell unless sales financed by certain persons; prima facie evidence of violation.
  • Section 57-11-3 - Threat to terminate contract unless sales financed by certain persons; prima facie evidence of violation.
  • Section 57-11-4 - Payments to eliminate competition or create monopoly in financing sales prohibited.
  • Section 57-11-5 - Acceptance by persons engaged in financing sales of payments tending to eliminate competition prohibited.
  • Section 57-11-6 - Violators of 57-11-5 NMSA 1978 forbidden to carry on business.
  • Section 57-11-7 - Suits or proceedings against violators of act.
  • Section 57-11-8 - Foreign corporations as violators of act; revocation of license to do business in state.
  • Section 57-11-9 - Penalties.
  • Section 57-11-10 - Contract in violation of act void.
  • Section 57-11-11 - Provisions of act cumulative.
  • Section 57-11-12 - Action for damages by violation of act.
  • Section 57-11-13 - Definitions.




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