New Mexico § 66-3-420 - Special children's artwork registration plate; procedures; fee

§ 66-3-420. Special children's artwork registration plate; procedures; fee

A. The division shall establish and issue special registration plates featuring artwork

of the children of New Mexico in accordance with the provisions of this section and

shall adopt procedures for application for and issuance of the special children's

artwork registration plates. B. The children's trust fund board of trustees shall determine the color and design

of the special children's artwork registration plate and shall request that the division

provide for its issuance. C. For a fee of forty dollars ($40.00), which shall be in addition to the regular

motor vehicle registration fees, any owner of a motor vehicle may apply for the issuance

of a special children's artwork registration plate. The owner of a motor vehicle shall apply and pay a fee each year that he wishes

to retain and renew his special children's artwork registration plate. D. The revenue from the special children's artwork registration plates shall be distributed

as follows: (1) fifteen dollars ($15.00) of the fee collected for each registration plate shall

be retained by the division in the eighty-second and eighty-third fiscal years and

is appropriated to the division for the manufacture and issuance of the registration

plates. Thereafter, that amount of each fee shall be paid to the state treasurer for credit

to the motor vehicle suspense fund for distribution in accordance with Section 66-6-23 NMSA 1978; and (2) twenty-five dollars ($25.00) of the fee collected for each registration plate

shall be distributed to the children's trust fund, for use in accordance with the

provisions of Section 24-19-2 NMSA 1978 .