N.M. Stat. § 59A-58-3

Current through 2024, ch. 69

Section 59A-58-3 - Exclusions from act

The provisions of the Service Contract Regulation Act do not apply to:

A. a warranty;

B. a maintenance agreement;

C. a service contract provided by a public utility on its transmission device if the service contract is regulated by the public regulation commission;

D. a service contract sold or offered for sale to a person who is not a consumer; or

E. a service contract for property if the purchase price of the property is less than two hundred fifty dollars ($250) and the consideration for the service contract is less than twenty-five dollars ($25.00).

NMS § 59A-58-3

Laws 2001, ch. 206, § 3.