New Mexico Statutes
§ 7-14-8 — Imposition of penalty for failure to make timely application
A penalty of fifty percent of the tax is imposed on any person who is: A. domiciled in this state and accepts transfer in this state, but fails to apply for a certificate of title within ninety days of the date on which ownership of the vehicle was transferred to the person; or B. domiciled in this state but accepts transfer outside this state and fails to apply for a certificate of title within ninety days of the date on which the vehicle is brought into this state.
Free access — add to your briefcase to read the full text and ask questions with AI
New Mexico § 7-14-8 (Imposition of penalty for failure to make timely application) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
1978 Comp., § 7-14-8, enacted by Laws 1988, ch. 73, § 18.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversals