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 66-3-2.3: Proportional registration; jurisdictions.


NM Stat § 66-3-2.3 (1996 through 1st Sess 50th Legis) What's This?

66-3-2.3. Proportional registration; jurisdictions.

The right to the privileges and benefits of proportional registration of fleet vehicles extended by Sections 65-1-13 through 65-1-23 NMSA 1978 or by any contract, agreement or declaration made accordingly shall be subject to the condition that each fleet vehicle proportionally registered in this state shall also be proportionally or otherwise properly registered in at least one other jurisdiction during the period for which it is proportionally registered in New Mexico or that each fleet vehicle be proportionally registered in New Mexico under the terms of a multistate agreement on registration of vehicles to which this state is a party.

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