There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 66: Motor Vehicles
Article 3: Registration Laws; Security Interests; Anti-Theft Provisions; Bicycles; Equipment; Unsafe Vehicles; Off-Highway Motor Vehicles; Other Vehicles, 66-3-1 through 66-3-1103
Section 66-3-106: Owner after transfer not liable for negligent operation.
NM Stat § 66-3-106 (1996 through 1st Sess 50th Legis) What's This?
66-3-106. Owner after transfer not liable for negligent operation.
The owner of a vehicle who has made a bona fide sale or transfer of his title or interest, and who has delivered possession of such vehicle and the certificate of title properly assigned to the purchaser or transferee, shall not be liable for any damages thereafter resulting from negligent operation of such vehicle by another.
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