New Mexico § 60-8A-17 - Determination of lowest price
Full text of New Mexico New Mexico Statutes Annotated § 60-8A-17 — Determination of lowest price, with citation guidance and answers to common questions.
§ 60-8A-17. Determination of lowest price
In determining the lowest price for which any item of spirituous liquors was sold
in any other state or in the District of Columbia, or to any state or state agency
which owns and operates retail liquor stores, appropriate reductions shall be made
to reflect all discounts in excess of those to be in effect under the schedule, and
all rebates, free goods, allowances and other inducements of any kind whatsoever offered
or given to any such wholesaler, state or state agency or retailer, as the case may
be, purchasing the item in the other state or in the District of Columbia. Nothing contained in Sections 60-8A-12 through 60-8A-19 NMSA 1978 shall prevent differentials in price which make only due allowance for differences
in state taxes and fees and in the actual cost of delivery. As used in this section, “state taxes and fees” means the excise taxes imposed or
the fees required by any state or the District of Columbia upon, or based upon, the
liter of spirituous liquors.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 60-8A-17
What does New Mexico Statutes Annotated § 60-8A-17 cover?
Section 60-8A-17 ("Determination of lowest price") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 60-8A-17?
A common citation format is "New Mexico Statutes Annotated § 60-8A-17" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 60-8A-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.