There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 66: Motor Vehicles
Article 5: Licensing of Operators and Chauffeurs; Financial Responsibility; Uninsured Motorists' Insurance; Identification Cards, 66-5-1 through 66-5-504
Section 66-5-217: Action if breach of agreement.
NM Stat § 66-5-217 (1996 through 1st Sess 50th Legis) What's This?
66-5-217. Action if breach of agreement.
In the event the judgment debtor fails to pay any installment as specified by the order, upon notice of the default the division shall forthwith suspend the license, registration or nonresident's operating privilege of the judgment debtor until the judgment is satisfied as provided in the Mandatory Financial Responsibility Act [66-5-201 NMSA 1978].
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