Statutes > New Mexico Statutes > Chapter 57 - Trade Practices and Regulations. > Article 10 - Distress Sales, 57-10-1 through 57-10-12. > Section 57-10-10 - Applicability of Distress Sales Act.

Section 57-10-10 - Applicability of Distress Sales Act.

57-10-10. Applicability of Distress Sales Act.

A.     The Distress Sales Act [57-10-1 to 57-10-12 NMSA 1978] shall not apply to any sale conducted by a public officer as a part of his official duties, to any sale for which an accounting must be made to a court of law or to any sale conducted pursuant to an order of a court of law.   

B.     The Distress Sales Act does not apply to seasonal sales, clearance sales or similar special sales of nondistress merchandise.