New registrant; estimated mileage.

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When a registrant's fleet is considered new under the international registration plan, fees shall be calculated using New Mexico's average per vehicle distance chart. A new registrant shall be registered in all international registration plan jurisdictions.

History: 1953 Comp., § 64-34-14.7, enacted by Laws 1972, ch. 7, § 39; 1977, ch. 250, § 115; 1978 Comp., § 65-1-19, recompiled as 1978 Comp., § 66-3-2.7 by Laws 1998 (1st S.S.), ch. 10, § 10; 2015, ch. 9, § 10.

ANNOTATIONS

Recompilations. — Laws 1998 (1st S.S.), ch. 10, § 10, recompiled former 65-1-19 NMSA 1978, relating to estimated mileage for new fleets, as 66-3-2.7 NMSA 1978, effective July 1, 1998.

The 2015 amendment, effective July 1, 2015, changed the method of calculation of fees when a registrant's fleet is considered new under the international registration plan; in the catchline, after "New", deleted "fleet" and added "registrant"; deleted the language in the section in its entirety and added the present language relating to the new method of calculating fees when a registrant's fleet is considered new under the international registration plan.


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