Section 57-16-10 - Refunds; discounts.

NM Stat § 57-16-10 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

In connection with a sale of a motor vehicle or vehicles to the state or to any political subdivision thereof, no manufacturer, distributor or representative shall offer any discounts, refunds or any other similar type of inducement to any dealer without making the same offer or offers to all other of its dealers within the relevant market area, and if such inducements are made, the manufacturer, distributor or representative shall give simultaneous notice thereof to all of its dealers within the relevant market area who have requested such notice.

History: 1953 Comp., § 64-37-10, enacted by Laws 1973, ch. 6, § 10.