New Mexico § 65-1-29.1 Receipts; disbursements

New Mexico Statutes

§ 65-1-29.1 — Receipts; disbursements

New Mexico § 65-1-29.1

Ch. 65Motor Carriers

Art. 1Motor Transportation

This text of New Mexico § 65-1-29.1 (Receipts; disbursements) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 65-1-29.1 (2026).

Text

Money collected under the Motor Transportation Act shall be paid to the state treasurer for the credit of the motor vehicle suspense fund not later than the close of the second business day after their [its] receipt. At the same time, the department shall deliver to the taxation and revenue department documentation sufficient to make refunds, distributions and other disbursements of the money paid into the fund by the department.

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Money collected under the Motor Transportation Act shall be paid to the state treasurer for the credit of the motor vehicle suspense fund not later than the close of the second business day after their [its] receipt. At the same time, the department shall deliver to the taxation and revenue department documentation sufficient to make refunds, distributions and other disbursements of the money paid into the fund by the department.