2018 New Mexico Statutes
Chapter 66 - Motor Vehicles
Article 5 - Licensing of Operators and Chauffeurs; Financial Responsibility; Uninsured Motorists' Insurance; Identification Cards
Section 66-5-217 - Action if breach of agreement.

Universal Citation: NM Stat § 66-5-217 (2018)
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].

History: 1953 Comp., § 64-5-224, enacted by Laws 1978, ch. 35, § 300; 1978 Comp., § 66-5-224, recompiled as 1978 Comp., § 66-5-217 by Laws 1983, ch. 318, § 17.

ANNOTATIONS

Repeals. — Laws 1983, ch. 318, § 42, repealed former 66-5-217, relating to limited licenses or registrations, effective January 1, 1984.

Ability to satisfy the judgment is essence of financial responsibility laws and if the judgment may be satisfied by the tort-feasor's own insurer, the driving privileges may not be suspended. 1969 Op. Att'y Gen. No. 69-119.

Suspension even though victim's insurance policy included uninsured motorist coverage. — The language of the former version of Section 64-24-76, 1953 Comp., did not preclude suspension of the driving privileges of an uninsured motorist adjudged liable for damages awarded to an accident victim merely because the victim's insurance policy included uninsured motorist risk coverage. 1969 Op. Att'y Gen. No. 69-119.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 7A Am. Jur. 2d Automobiles and Highway Traffic § 158.

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