§ 66-5-207 — Exempt motor vehicles

The following motor vehicles are exempt from the Mandatory Financial Responsibility Act: A. a motor vehicle owned by the United States government, any state or any political subdivision of a state; B. an implement of husbandry or special mobile equipment that is only incidentally operated on a highway; C. a motor vehicle operated upon a highway only for the purpose of crossing such highway from one property to another; D. a commercial motor vehicle registered or proportionally registered in this and any other jurisdiction, provided such motor vehicle is covered by a motor vehicle insurance policy or equivalent coverage or other form of financial responsibility in compliance with the laws of any other jurisdiction in which it is registered; E. a motor vehicle approved as self-insured by the superintendent of insurance pursuant to Section 66-5-207.1 NMSA 1978; and F. any motor vehicle when the owner has submitted to the department a signed statement, in the form prescribed by the department, declaring that the vehicle will not be operated on the highways of New Mexico and explaining the reasons therefor.

Legislative History

1978 Comp., § 66-5-507, enacted by Laws 1983, ch. 318, § 8; 1986, ch. 111, §