New Mexico Statutes

§ 66-4-10 — Auto recyclers; notification of purchase

New Mexico·Ch. 66 Motor Vehicles·Art. 4 Licensing of Dealers and Wreckers
A.Prior to taking actual possession of a vehicle that an auto recycler has purchased, the auto recycler shall verify with the department if the vehicle has been reported stolen by checking an electronic system maintained by the department. The auto recycler shall include the seller's name, address, contact information and unique auto recycling license number of the purchaser, unless the purchaser is not a licensed auto recycler, in which case the auto recycler shall include the unique number of the purchaser's government-issued identification document.
B.Within two business days following the date the vehicle purchase transaction is completed, the auto recycler shall report the purchase to the department in an electronic format.
C.The reporting requirements pursuant to Subsection B of t

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Legislative History

Laws 2018, ch. 75, § 1.

Nearby Sections

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§ 66-1-1
Short title
§ 66-1-2
Severability
§ 66-1-4
Definitions
§ 66-1-4.1
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§ 66-1-4.10
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§ 66-1-4.11
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§ 66-1-4.12
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§ 66-1-4.13
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§ 66-1-4.14
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§ 66-1-4.15
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§ 66-1-4.16
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§ 66-1-4.17
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§ 66-1-4.18
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§ 66-1-4.19
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