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NEW MEXICO STATUTES AND CODES
Section 61-16-3 - Purpose.
61-16-3. Purpose.
The purpose of the present act [61-16-3 to 61-16-17 NMSA 1978] is to regulate auction sales of jewelry in order to prevent fraud, deception and misrepresentation upon the buying public at such sales. It is to be construed liberally to effectuate this purpose.
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