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§ 57-16-1 NMSA 1978

Declaration of policy

Applied in 2 court decisions — leading case Art Janpol Volkswagen, Inc. v. Fiat Motors of North America, Inc. (1985)

Most recently applied in Presidential Hospitality, LLC v. Wyndham Hotel Grp., LLC (July 2018)

1953 Comp., § 64-37-1, enacted by Laws 1973, ch. 6, § 1.

The distribution and sale of motor vehicles in this state vitally affects the general economy of the state and the public interest and welfare of its citizens. It is the policy of this state and the purpose of this act to exercise the state's police power to ensure a sound system of distributing and selling motor vehicles and regulating the manufacturers, distributors, representatives and dealers of those vehicles to provide for compliance with manufacturer's warranties, and to prevent frauds, unfair practices, discriminations, impositions and other abuses of our citizens.

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.