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§ 57-14-7 NMSA 1978

Cooperatives exempt

Known as the Price Discrimination Act

The act spans §§ 57–57 (9 sections).

1953 Comp., § 49-11-7, enacted by Laws 1961, ch. 229, § 7.

Nothing in the Price Discrimination Act prevents a cooperative association from returning to its members, producers or consumers the whole or any part of the net earnings or surplus resulting from its trading operations, in proportion to their purchases or sales from, to or through the cooperative.

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.