Statutes > New Mexico Statutes > Chapter 66 - Motor Vehicles. > Article 3 - Registration Laws; Security Interests; Anti-Theft Provisions; Bicycles; Equipment; Unsafe Vehicles; Off-Highway Motor Vehicles; Other Vehicles, 66-3-1 through 66-3-1103. > Section 66-3-404 - Dealer plates not transferable.

Section 66-3-404 - Dealer plates not transferable.

66-3-404. Dealer plates not transferable.

A.     Dealer plates are not transferable between dealers.

B.     Whenever a dealer ceases operation for any reason, the dealer shall surrender to the division any dealer plates issued to the dealer.