The Securities Act of New Mexico shall apply to time shares deemed to be investment contracts or to other securities offered with or incident to a time share.
§ 47-11-10 NMSA 1978
Securities laws apply
Known as the New Mexico Time Share Act
The act spans §§ 47–47 (16 sections).
Laws 1986, ch. 97, § 11.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.