NMSA 57-16-6.1. Motorcycle dealers; new product; franchise or sales — United States — New Mexico law | Esheria

NMSA 57-16-6.1. Motorcycle dealers; new product; franchise or sales

A manufacturer, distributor, or representative must first offer a new or additional motorcycle product to an existing dealer in writing by registered mail, and must wait before offering it to others until 60 days pass or the dealer rejects the offer in writing. Related franchise or sales agreements must also include pr

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Jurisdiction
United States — New Mexico
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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franchise or sales agreements motorcycle dealers product offering

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Statute overview

About this statute

A manufacturer, distributor, or representative must first offer a new or additional motorcycle product to an existing dealer in writing by registered mail, and must wait before offering it to others until 60 days pass or the dealer rejects the offer in writing. Related franchise or sales agreements must also include provisions to add covered motorcycle models and new products so they are under one franchise.