Ask Reggi Your Question Now

Reggi is the free generative AI assistance for regulatory compliance
Ask a Question

Can I offer a freemium version of my product or service in New Mexico? What are the requirements?

Offering Freemium Version of Product or Service in New Mexico

Based on the provided context documents, there are no specific regulations or requirements regarding offering a freemium version of a product or service in New Mexico. However, if the product or service falls under certain industries, there may be specific regulations that need to be followed.

For example, if the product or service involves small loans, the small loan company must ensure that all mandatory disclosures and consumer information are easily accessible to consumers on a New Mexico specific web page maintained by the company [1.1][1.2]. Additionally, all small loan businesses must provide a disclosure in an easily accessible and visible location that includes the words “TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL ____” [1.1][1.2].

If the product or service involves the sale of alcoholic beverages, there are specific regulations regarding third-party internet sales and direct wine shipment permits [2.1]. The New Mexico Regulation and Licensing Department, Alcoholic Beverage Control Division is the issuing agency for these regulations [4.1][2.2][6.1].

If the product or service involves secondhand metal dealing, there are specific regulations regarding registration and compliance with federal requirements [3.1].

Therefore, it is important to review the specific regulations for the industry in which the product or service falls under to ensure compliance with all applicable regulations.

In summary, there are no specific regulations or requirements regarding offering a freemium version of a product or service in New Mexico. However, it is important to review the specific regulations for the industry in which the product or service falls under to ensure compliance with all applicable regulations.

Source(s):
Jurisdiction

New Mexico