New Mexico § 66-3-402 - Application for dealer plates
Full text of New Mexico New Mexico Statutes Annotated § 66-3-402 — Application for dealer plates, with citation guidance and answers to common questions.
§ 66-3-402. Application for dealer plates
A. A dealer may apply to the department on the appropriate form for one or more dealer
plates. The applicant shall submit proof of being a bona fide dealer as may reasonably be
required by the department. B. The maximum number of dealer plates for which a dealer of new or used motor vehicles
or motorcycles may apply pursuant to this section shall be: (1) for a dealer who sold in the previous calendar year five or more but fewer than
fifty vehicles, one plate; (2) for a dealer who sold in the previous calendar year more than fifty but fewer
than one hundred vehicles, three plates; (3) for a dealer who sold in the previous calendar year more than one hundred but
fewer than five hundred vehicles, five plates; and (4) for a dealer who sold in the previous calendar year five hundred or more vehicles,
ten plates. C. A dealer shall be entitled to five plates in the first calendar year in which it
begins business. A dealer who is licensed pursuant to the provisions of Section 66-4-1 NMSA 1978 on or after August 1 of any calendar year shall also be entitled to five plates in
the calendar year following the year in which it is first licensed to do business. D. The department upon granting application shall issue to the applicant a certificate
containing the applicant's name and address and the numbers of the dealer plates assigned
to the applicant.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 66-3-402
What does New Mexico Statutes Annotated § 66-3-402 cover?
Section 66-3-402 ("Application for dealer plates") 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 § 66-3-402?
A common citation format is "New Mexico Statutes Annotated § 66-3-402" (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 § 66-3-402 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.