New Mexico § 66-3-125 Restrictions upon licensees

New Mexico Statutes

§ 66-3-125 — Restrictions upon licensees

New Mexico·Ch. 66 Motor Vehicles·Art. 3 Registration Laws; Security Interests; Anti-Theft

In addition to any requirements pursuant to Section 1 [66-4-10 NMSA 1978] of this 2018 act, a person licensed under the provisions of Sections 66-4-1 through 66-4-7 and 66-4-9 NMSA 1978 may, no earlier than thirty days after sending the dismantler's notification form as required by Section 66-3-123 NMSA 1978, proceed with the business of shredding, compacting, crushing or otherwise disposing of a vehicle purchased in accordance with the provisions of Sections 66-4-1 through 66-4-7 and 66- 4-9 NMSA 1978; provided, however, dismantling of the vehicle may proceed immediately upon the sending of the dismantler's notification form.

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In addition to any requirements pursuant to Section 1 [66-4-10 NMSA 1978] of this 2018 act, a person licensed under the provisions of Sections 66-4-1 through 66-4-7 and 66-4-9 NMSA 1978 may, no earlier than thirty days after sending the dismantler's notification form as required by Section 66-3-123 NMSA 1978, proceed with the business of shredding, compacting, crushing or otherwise disposing of a vehicle purchased in accordance with the provisions of Sections 66-4-1 through 66-4-7 and 66- 4-9 NMSA 1978; provided, however, dismantling of the vehicle may proceed immediately upon the sending of the dismantler's notification form.

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