N.M. Stat. § 7-2F-11

§ 7-2F-11. Requirements to contract with certain vendors

Year: 2026Length: 130 words
A. A film production company shall make reasonable efforts, as determined by the division, to contract with a specialized vendor whose ordinary course of business directly relates to a standard industry craft inventory and that: (1) provides services; (2) provides inventory, for sale or lease, that is maintained in New Mexico and represented by the specialized vendor; or (3) subcontracts similar standard industry craft inventory from other businesses with or without physical presence. B. If a film production company does not contract with a specialized vendor, but contracts with a vendor that provides services, does not sell or lease standard industry craft inventory and outsources inventory from out-of-state businesses for a film production company, the film production company shall provide documentation of reasonable efforts made to find a specialized vendor.
N.M. Stat. § 7-2F-11: § 7-2F-11. Requirements to contract with certain vendors | Justis AI