Definitions
Known as the Price Discrimination Act
The act spans §§ 57–57 (9 sections).
Applied in 1 court decision — leading case 669 F. Supp. 1244 - Michelson v. MERRILL LYNCH PIERCE FENNER & SMITH (1987)
Most recently applied in 669 F. Supp. 1244 - Michelson v. MERRILL LYNCH PIERCE FENNER & SMITH (September 1987)
1953 Comp., § 49-11-2, enacted by Laws 1961, ch. 229, § 2; 1965, ch. 301, § 1.
As used in the Price Discrimination Act:
A. "person" means an individual, partnership, association, corporation, joint-stock company or business trust;
B. "price" means the net price to the buyer after deduction of all discounts, rebates or other price concessions paid or allowed by the seller;
C. "commerce" means trade within this state; and
D. "commodity" means any movable article or any commercial service sold in commerce.
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.