New Mexico § 66-3-123 - Requirements of purchaser; forms; distribution
Full text of New Mexico New Mexico Statutes Annotated § 66-3-123 — Requirements of purchaser; forms; distribution, with citation guidance and answers to common questions.
§ 66-3-123. Requirements of purchaser; forms; distribution
In addition to any requirements pursuant to Section 1 of this 2018 act, purchasers
licensed under the provisions of Section 66-4-1 NMSA 1978 shall, upon purchase of a vehicle to be dismantled, crushed or otherwise destroyed,
submit copies of the dismantler's notification form as provided for in Section 66-3-124 NMSA 1978 as follows: A. electronically to the department as required by Section 66-3-121 NMSA 1978 , along with the actual title or proof of ownership required in the state in which
the vehicle is registered or licensed; B. one copy by certified mail within thirty days of acquisition to the local law enforcement
agency designated by the department. The agency shall process the form through the files of stolen or embezzled vehicles
within five days of receipt of the form; C. one copy to be retained by the purchaser for as long as the vehicle remains in
the purchaser's possession or until the vehicle is destroyed, but in no instance fewer
than three years; and D. one copy to be retained and provided to any subsequent purchaser of the vehicle. The purchaser shall retain the copy for as long as the vehicle remains in the purchaser's
possession or until the vehicle is destroyed.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 66-3-123
What does New Mexico Statutes Annotated § 66-3-123 cover?
Section 66-3-123 ("Requirements of purchaser; forms; distribution") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 66-3-123?
A common citation format is "New Mexico Statutes Annotated § 66-3-123" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 66-3-123 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.