N.M. Stat. § 58-17-1
Declaration of policy.
It is declared to be necessary in the public interest that cemeteries advertising or
selling "endowed care or perpetual care" in connection with the sale of cemetery lots or
burial spaces be subject to sufficient regulation by the state to ensure the establishment
of sound business practices necessary to furnish the endowed care or perpetual care
guaranteed. The provisions of the Endowed Care Cemetery Act [Chapter 58, Article 17
NMSA 1978] shall be liberally construed to carry out its purposes.