New Mexico § 64-4-5 Time of registration; penalty

New Mexico Statutes

§ 64-4-5 — Time of registration; penalty

New Mexico·Ch. 64 Aeronautics·Art. 4 Registration of Aircraft

A.The owner or lessee of an aircraft, whichever is in possession, shall register the aircraft prior to March 1 of each year.

B.Any person who purchases, leases or otherwise acquires an aircraft or brings one into the state after March 1 shall register the aircraft within fifteen days after purchase, lease, acquisition or entering the state.

C.Any owner or lessee who fails to comply with Subsection A or any person who fails to comply with Subsection B shall pay a fine equal to ten percent of the regular registration fee times each month or portion of a month the registration fee is past due.

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A. The owner or lessee of an aircraft, whichever is in possession, shall register the aircraft prior to March 1 of each year. B. Any person who purchases, leases or otherwise acquires an aircraft or brings one into the state after March 1 shall register the aircraft within fifteen days after purchase, lease, acquisition or entering the state. C. Any owner or lessee who fails to comply with Subsection A or any person who fails to comply with Subsection B shall pay a fine equal to ten percent of the regular registration fee times each month or portion of a month the registration fee is past due.

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