A supplier is not required to repurchase: A. inventory: (1) that the dealer orders after the dealer receives notice of the termination of the franchise from the supplier; or (2) for which the dealer cannot furnish evidence of clear title that is satisfactory to the supplier; or B. a repair part that: (1) has a limited storage life; (2) is in a broken or damaged package; (3) is usually sold as part of a set, if the part is separated from the set; or (4) cannot be sold without reconditioning or repackaging. History: Laws 1985, ch. 229, § 4.
New Mexico Legal Code