2011 New Mexico Statutes
Chapter 66: Motor Vehicles
Article 12: Boating, 66-12-1 through 66-12-24
Section 66-12-6.7: Dealer license denial, suspension and revocation.
66-12-6.7. Dealer license denial, suspension and revocation.
The motor vehicle division of the taxation and revenue department may deny, suspend or revoke a dealer license for:
A. a material misrepresentation communicated by a dealer to the motor vehicle division;
B. a lack of fitness as proscribed by rule of the motor vehicle division; or
C. a willful violation of a federal or state law relating to the sale, distribution, financing, registration, taxing or insuring of motorboats.
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