New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 12 - COMMODITIES
Part 1 - GENERAL PROVISIONS
Section 12.12.1.3 - STATUTORY AUTHORITY
Universal Citation: 12 NM Admin Code 12.12.1.3
Current through Register Vol. 35, No. 6, March 26, 2024
A. Short title:These rules shall be known and may be cited as "Commodity Code Rules."
B. Authority:
(1) Introduction.Pursuant to the authority
granted by the Model State Commodity Code, the director promulgates the
following rules in order to carry out the provisions of the code.
(2) Public interest and investor
protection.The director finds that the rules contained herein are in the public
interest, necessary and appropriate for the protections of investors, and
consistent with the purposes of the code.
(3) Severablility.If any provision of these
rules be invalid, such invalidity shall not affect other provisions which can
be given effect without the invalid provision, and to this end the provisions
of these rules are declared severable.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
