Section 66-12-5.3 – Prohibited acts.
A. It is unlawful for any person to take, receive or transfer a vessel without the consent of the owner. B. It is unlawful for any person to damage, tamper with, alter or change hull identification numbers or serial numbers. History: Laws 1987, ch. 245, § 4. ANNOTATIONS Compiler’s notes. — This section was enacted […]
Section 66-12-6 – Dealer and manufacturer numbers; fee; certificates of origin; records.
A. A dealer or manufacturer that demonstrates motorboats on the public waters of this state shall file an application for a dealer or manufacturer number. The number shall be in lieu of a certificate of number for each motorboat intended or offered for sale. B. Application for a dealer or manufacturer number shall be in […]
Section 66-12-6.1 – Excise tax on issuance of certificates of title; appropriation.
A. An excise tax is imposed upon the sale of every boat required to be registered in the state. To prevent evasion of the excise tax imposed by this section and the duty to collect it, it is presumed that the issuance of every original and subsequent certificate of title, other than a duplicate, for […]
Section 66-12-6.2 – Security interest in boats; filing; perfection.
A. A security interest in a boat required to be titled and registered in New Mexico is not valid against attaching creditors, subsequent transferees or lienholders unless perfected as provided by this section. This provision does not apply to liens dependent upon possession. B. All title applications shall be accompanied by the certificate of title […]
Section 66-12-6.3 – Security interest in boats; filing effective to give notice.
A. The filing of an application with the division and the issuance of a new certificate of title by the division as provided in Section 66-12-5.2 NMSA 1978 constitutes constructive notice of all security interests in the boat described in the application. If the application is received by the division within ten days after the […]
Section 66-11-2 – Definitions.
For the purposes of this act [66-11-1 to 66-11-5 NMSA 1978]: A. “collector” means the owner of one or more vehicles of historic or special interest who collects, purchases, acquires, trades or disposes of these vehicles or parts thereof for his own use in order to preserve, restore and maintain a vehicle for hobby purposes; […]
Section 66-11-3 – Storage provisions.
A collector may store motor vehicles or parts thereof on his private property provided such vehicles and parts cars, and the outdoor storage areas, are maintained in such a manner that they do not constitute a health, safety or fire hazard and are effectively screened from ordinary public view by means of a solid fence, […]
Section 66-11-4 – Special equipment.
A. Unless the presence of equipment named by the Motor Vehicle Code [66-1-1 NMSA 1978] was a prior condition for legal sale within New Mexico at the time the historic or special interest vehicle was manufactured for first use, the presence of such equipment shall not be required as a condition for current legal use. […]
Section 66-11-5 – Sale or trade.
The sale or trade and subsequent legal transfer of a motor vehicle or parts car of historic or special interest shall not be contingent upon any condition that would require the vehicle or parts car to be in operating condition at the time of sale or transfer of ownership. History: 1953 Comp., § 64-41-5, enacted […]
Section 66-12-1 – Short title.
Chapter 66, Article 12 NMSA 1978 may be cited as the “Boat Act”. History: 1953 Comp., § 75-35-1, enacted by Laws 1959, ch. 338, § 1; 1987, ch. 247, § 4. ANNOTATIONS The 1987 amendment, effective July 1, 1987, substituted “Chapter 66, Article 12 NMSA 1978” for “this act”. Act does not affect charging of […]