New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 19 - MOTOR VEHICLE PROCEDURES, LICENSES, PERMITS
Part 3 - REGISTRATIONS
Section 18.19.3.51 - SALVAGE-BRANDED TITLES - STOLEN VEHICLES

Universal Citation: 18 NM Admin Code 18.19.3.51

Current through Register Vol. 35, No. 18, September 24, 2024

A. A salvage-branded title need not be issued to a stolen but unrecovered vehicle.

B. If, subsequent to the recovery of a stolen vehicle, it is determined that it meets the definition of a salvage or non-repairable motor vehicle as set forth in Subsection C of Section 66-1-4.16 NMSA 1978 or Subsection A of Section 66-1-4.12 NMSA 1978, the owner must follow the procedures set forth in statute or regulation for obtaining a salvage title or non-repairable certificate.

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