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Section 57-14-2 - Definitions — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 57-14-2 - Definitions

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As used in the Price Discrimination Act: A. 'person' means an individual, partnership, association, corporation, joint-stock company or business trust; B. 'price' means the net price to the buyer after deduction of all discounts, rebates or other price concessions paid or allowed by the seller; C. 'commerce' means trade within this state; and D. 'commodity' means any movable article or any commercial service sold in commerce. History: 1953 Comp., § 49-11-2, enacted by Laws 1961, ch. 229, § 2; 1965, ch. 301, § 1.