Section 57-12-7 - Exemptions.
57-12-7. Exemptions.
Nothing in the Unfair Practices Act [Chapter 57, Article 12 NMSA 1978] shall apply to actions or transactions expressly permitted under laws administered by a regulatory body of New Mexico or the United States, but all actions or transactions forbidden by the regulatory body, and about which the regulatory body remains silent, are subject to the Unfair Practices Act.