New Mexico Administrative Code
Title 18 - TRANSPORTATION AND HIGHWAYS
Chapter 3 - MOTOR CARRIER GENERAL PROVISIONS
Part 9 - LEASING OF EQUIPMENT
Section 18.3.9.8 - NOTICE OF LEASE

Universal Citation: 18 NM Admin Code 18.3.9.8

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

Prior to, or within three days of, placing a leased vehicle into use a motor carrier must file a notice of equipment lease with the department. The notice shall include:

A. the date that the vehicle is or was placed in service, the period of the lease or the final date that the vehicle was used; full identification of the vehicle make, model, model year and VIN; the state of registration; and the registration license plate number;

B. verification that each vehicle leased or to be leased complies with all applicable laws including financial responsibility and safety requirements.

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