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. 6, March 26, 2024

Prior to or within three days of first placing a leased vehicle into use, a household goods service carrier or a passenger service carrier (except a charter service or a commuter service) must file a notice of an equipment lease with the commission by mail or hand delivery. The application shall include:

A. the date that the vehicle is or was placed in service and the final date that it was used, if known; full identification of the vehicle make, model, model year and VIN number; 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 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; and

C. the fee required by Section 65-2A-36 NMSA 1978.

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