The Franchise Termination Act does not affect a supplier's security interest in inventory.
§ 57-23-7 NMSA 1978
Security interest
Known as the Franchise Termination Act
The act spans §§ 57–57 (8 sections).
Laws 1985, ch. 229, § 7.
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.