Exclusions from act.

  1. Law
  2. New Mexico Statutes
  3. Insurance Code
  4. Service Contract Regulation
  5. Exclusions from act.

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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).

History: Laws 2001, ch. 206, § 3.

ANNOTATIONS

Effective dates. — Laws 2001, ch. 206, § 20 made Laws 2001, ch. 206, § 3 effective July 1, 2002.


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