State Codes and Statutes
Statutes > New-mexico > Chapter-61 > Article-16 > Section-61-16-361-16-3. Purpose.
The purpose of the present act [61-16-3 to 61-16-17 NMSA 1978] is to regulate auction sales of jewelry in order to prevent fraud, deception and misrepresentation upon the buying public at such sales. It is to be construed liberally to effectuate this purpose.