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§ 57-23-8 NMSA 1978

Application of bulk transfer law

Known as the Franchise Termination Act

The act spans §§ 57–57 (8 sections).

Laws 1985, ch. 229, § 8.

The provisions of the Uniform Commercial Code - Bulk Transfers [repealed] do not apply to a transaction between a supplier and dealer that is required by the Franchise Termination Act.

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.