2018 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
Section 66-3-125 - Restrictions upon licensees.
A person licensed under the provisions of Sections 66-4-1 through 66-4-9 NMSA 1978 may, no earlier than thirty days after mailing the dismantler's notification form as required by Section 66-3-123 NMSA 1978, proceed with the business of shredding, compacting, crushing or otherwise disposing of a vehicle or motor vehicle purchased in accordance with the provisions of Sections 66-4-1 through 66-4-9 NMSA 1978; provided, however, dismantling of the vehicle or motor vehicle may proceed immediately upon the mailing of the dismantler's notification form.
History: 1953 Comp., § 64-3-125, enacted by Laws 1978, ch. 35, § 72; 1989, ch. 318, § 10.
Cross references. — For the penalty for violation of this section, see 66-4-9 NMSA 1978.
The 1989 amendment, effective July 1, 1989, twice substituted "66-4-1 through 66-4-9 NMSA 1978" for "64-4-1 through 64-4-9 NMSA 1953", substituted "thirty days" for "five days" near the beginning of the section, substituted "66-3-123 NMSA 1978" for "64-3-123 NMSA 1953" near the middle of the section, and inserted "or motor vehicle" near the end of the section.