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Current as of January 01, 2024 | Updated by Findlaw Staff
It shall be unlawful:
A. to employ shills or puffers at any such auction sale or to offer or to make or to procure to be offered or made any false bid or offer any false bid to buy or pretend to buy any article sold or offered for sale;
B. to make or attempt to make any sale to any but a bona fide bidder for cash at the highest bid above the reserve price, if any, named in the inventory required by Sec. [Section] 5(c) hereof;
C. to misrepresent the cost price, or trade name or quality of any article offered for sale;
D. to fail to announce in a clear audible tone as to each article offered for sale its true description as found in the inventory required by Section 5(c) hereof;
E. to fail to attach to each article sold upon its delivery a card upon which shall be legibly written its inventory description and number;
F. to make any false statement in the application for license hereunder or the inventory filed therewith;
G. to sell or attempt to sell any article or merchandise falling within the class described in Section 2 hereof that has not been included in the inventory required by Section 5(c) hereof;
H. for a licensee to conduct or attempt to conduct an auction within this act other than on the premises described in the application as required by Section 5(e).
Cite this article: FindLaw.com - New Mexico Statutes Chapter 61. Professional and Occupational Licenses § 61-16-14. Offenses - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-61-professional-and-occupational-licenses/nm-st-sect-61-16-14/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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