As used in Chapter 77, Article 10 NMSA 1978:
A. "livestock auction market" means a place, establishment or facility conducted or operated for compensation or profit as a public livestock market consisting of pens or other enclosures, barns, stables, sheds and their appurtenances, including saddle and work stock, and vehicles used in connection therewith or in the operation thereof where livestock not owned by the operator for at least three months next preceding the receipt thereof is received, held or kept for any purpose other than:
(1) immediate shipment or immediate slaughter;
(2) grazing, feeding or breeding; or
(3) for the sale and exchange of breeding stock by a bona fide livestock association; and
B. "operator" means a person in control of the management or operation of a livestock auction market.
History: Laws 1937, ch. 59, § 1; 1941 Comp., § 49-1001; 1953 Comp., § 47-10-1; Laws 1969, ch. 175, § 1; 1993, ch. 248, § 75; 1999, ch. 282, § 71.
The 1999 amendment, effective July 1, 1999, substituted "livestock auction market" for "sales ring" in Subsections A and B, and deleted "auction market" following "establishment" near the beginning of Subsection A.
The 1993 amendment, effective June 18, 1993, substituted "Chapter 77, Article 10 NMSA 1978" for "Sections 47-10-1 through 47-10-10 NMSA 1953" in the introductory paragraph; deleted former Subsections A, D and E defining "livestock", "person" and "board", respectively; redesignated former Subsections B and C as Subsections A and B; inserted "auction market" near the beginning of Subsection A; and made a minor stylistic change.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 7 Am. Jur. 2d Auctions and Auctioneers § 10; 51 Am. Jur. 2d Licenses and Permits § 1 et seq.
3 C.J.S. Agriculture § 163 et seq.; 7A C.J.S. Auctions and Auctioneers § 1 et seq.