New Mexico Statutes

§ 66-2-7.2 — Royalties; commercial users of motor vehicle-related

New Mexico § 66-2-7.2
JurisdictionNew Mexico
Ch. 66Motor Vehicles
Art. 2Motor Vehicle Division of Taxation and Revenue

This text of New Mexico § 66-2-7.2 (Royalties; commercial users of motor vehicle-related) 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. § 66-2-7.2 (2026).

Text

databases; distribution to motor vehicle suspense fund. The department shall remit royalties and other consideration paid by commercial users of databases of motor vehicle-related records of the department pursuant to Subsection C of Section 14-3-15.1 NMSA 1978 to the motor vehicle suspense fund to be distributed in accordance with Section 66-6-23 NMSA 1978 and Subsection F of Section 66-6-13 NMSA 1978. Royalties and other consideration paid to the department pursuant to this section are appropriated to the department for expenditure in fiscal year 2010 and subsequent fiscal years pursuant to this section. Unexpended and unencumbered balances of the amounts received pursuant to Subsection C of Section 14-3-15.1 NMSA 1978 shall not revert to the general fund at the end of any fiscal year.

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Legislative History

Laws 2005, ch. 20, § 2; 2009, ch. 156, § 1.

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Bluebook (online)
New Mexico § 66-2-7.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/66/66-2-7.2.