Definition; gratuity

NMSA 1978, § 13-1-59 — under Article 1.

NMSA 1978, § 13-1-59

"Gratuity" means a payment, loan, subscription, advance, deposit of money, service, or anything of more than nominal value, received or promised, unless consideration of substantially equal or greater value is exchanged. History: Laws 1984, ch. 65, § 32.