New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 2 - CONSUMER PROTECTION
Part 14 - MISREPRESENTATION OF AGE AND CONDITION OF MOTOR VEHICLES
Section 12.2.14.6 - OBJECTIVE
Current through Register Vol. 35, No. 18, September 24, 2024
A. The purpose of this rule is to:
B. This rule is not intended to restrict or limit claims to Section 57-12-6 NMSA 1978 that may be alleged under other provisions of the Unfair Practices Act, Section 57-12-1 etseq NMSA 1978.
C. The alteration or damage inspection and disclosure standards in this rule for used motor vehicles are not intended to negate or limit obligations of sellers to disclose damage to new motor vehicles. See Hale v. Basin Motor Co., 110 N.M. 314 (N.M. 1990).
D. Nothing in this rule is intended to increase, decrease or otherwise in any way affect the rights or responsibilities of motor vehicle manufacturers or sellers under federal motor vehicle safety laws or regulations, or under New Mexico or other state products liability laws, principles or case law.
E. The attorney general has concluded that this rule is in the best interest of the health, safety and general welfare of the citizens of New Mexico.