Statutes, codes, and regulations
New Mexico Statutes 1978
Chapter 66 - MOTOR VEHICLESArticle 3 - REGISTRATION LAWS; SECURITY INTERESTS; ANTI-THEFT PROVISIONS; BICYCLES; EQUIPMENT; UNSAFE VEHICLES; OFF-HIGHWAY MOTOR VEHICLES; OTHER VEHICLES
Part 1 - REGISTRATION, CERTIFICATES OF TITLE AND REGISTRATION PLATES GENERALLY
Section 66-3-2.4 - Registration of additional motor vehicles

N.M. Stat. § 66-3-2.4

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Current through 2024, ch. 69
Section 66-3-2.4 - Registration of additional motor vehicles

Motor vehicles acquired by the owner after the commencement of the registration year shall be proportionally registered by applying the "New Mexico mileage percentage", which is the figure resulting from the division of in-state miles by total fleet miles used in the original application, for all of the fleet vehicles for the registration period to the regular registration fees due with respect to the added motor vehicles for the remainder of the registration year. The registration fee for additional motor vehicles shall be prorated on a quarterly basis.

NMS § 66-3-2.4

1953 Comp., § 64-34-14.4, enacted by Laws 1972, ch. 7, § 36; 1978 Comp., § 65-1-16, recompiled as 1978 Comp., § 66-3-2.4 by Laws 1998 (1st S.S.), ch. 10, § 10; 2015, ch. 9, § 7.
Amended by 2015, c. 9,s. 7, eff. 7/1/2015.