Statutes > New Mexico Statutes > Chapter 57 - Trade Practices and Regulations. > Article 23 - Franchise Termination, 57-23-1 through 57-23-8. > Section 57-23-8 - Application of bulk transfer law.

Section 57-23-8 - Application of bulk transfer law.

57-23-8. Application of bulk transfer law.

The provisions of the Uniform Commercial Code - Bulk Transfers [Chapter 55, Article 6 NMSA 1978] do not apply to a transaction between a supplier and dealer that is required by the Franchise Termination Act [57-23-1 to 57-23-8 NMSA 1978].