New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 11 - AIRPORTS
Part 2 - AIRCRAFT REGISTRATION
Section 18.11.2.13 - DEALER LICENSES

A. Dealers holding aircraft for resale may obtain a New Mexico dealer's license. If dealer aircraft are used primarily for charter, flight instruction, or carrying of persons not incidental to the resale of such aircraft, they shall be registered as otherwise provided.

B. On a form available from the Division for said purpose, a notarized list of aircraft to be operated under a dealer's license shall be filed with the Division at the time the application is submitted. Dealers shall certify to the fact that such aircraft will be used primarily for resale. Notification must be given to the Division of all changes in dealer aircraft within ten (10) days of such changes. If change in use of dealer aircraft subjects it to regular registration, aircraft must be registered as otherwise provided herein. Dealer license applications shall not be processed without the notarized equipment list.

C. The Division shall mail to the dealer a certificate for each aircraft listed on the equipment list. Each certificate shall be affixed to the inside of the left rear window so that the printing is readily visible through the window.

D. Dealer certificate shall be conspicuously displayed in the primary place of business of said Dealer.

E. Dealer certificate is not transferable.