N.M. Stat. § 24A-4-3

Current through 2024, ch. 69
Section 24A-4-3 - Enforceability of other provisions

Nothing in this act shall be construed to limit the enforceability of:

A. a provision in an agreement requiring a health care practitioner who has worked for an employer for an initial period of less than three years to repay all or a portion of:
(1) a loan;
(2) relocation expenses;
(3) a signing bonus or other remuneration to induce the health care practitioner to relocate or establish a health care practice in a specified geographic area; or
(4) recruiting, education and training expenses;
B. a nondisclosure provision relating to confidential information and trade secrets;
C. a nonsolicitation provision with respect to patients and employees of the party seeking to enforce the agreement for a period of one year or less after the last date of employment; or
D. any other provision of an agreement that is not in violation of law, including a provision for liquidated damages.

NMS § 24A-4-3

1953 Comp., § 12-17-3, enacted by Laws 1971, ch. 112, § 3; recompiled as 1953 Comp., § 12-29-3, by Laws 1972, ch. 51, § 9; 1973, ch. 286, § 3.
Renumbered from § 24-11-3 by 2024, c. 39,s. 132, eff. 7/1/2024.