New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 3 - MOTOR CARRIER GENERAL PROVISIONS
Part 9 - LEASING OF EQUIPMENT
Section 18.3.9.10 - RESPONSIBILITY FOR COMPLIANCE WITH APPLICABLE LAW
Current through Register Vol. 35, No. 6, March 26, 2024
A. The leased vehicle must comply with all applicable laws and these rules before being placed into service, including meeting the financial responsibility requirements prescribed in 18.3.3 NMAC, financial responsibility, and the safety requirements prescribed in 18.3.4 NMAC, safety requirements.
B. The authorized motor carrier leasing the vehicle shall be and remain responsible at all times for insuring that the leased vehicle complies with all applicable laws and these rules, including meeting the financial responsibility requirements prescribed in 18.3.3 NMAC, financial responsibility, and the safety requirements prescribed in 18.3.4 NMAC, safety requirements.
C. The motor carrier leasing the vehicle shall maintain a copy of the written lease and a record of use of the leased vehicle in its equipment records, including the dates that the vehicle is or was in service; full identification of the vehicle make, model, model year and VIN number; the state of registration; and the registration license plate number.