§ 13

N.M. Code R. § 18.19.4.13

Supplemental License Requirements - Compliance with Section 66-4-2B(2) Nmsa 1978

Effective Sep 14, 2000State of New Mexico
  1. A. Any dealer or wrecker applying for a supplemental license to conduct business at a location that is not an established place of business must comply with the provisions of Paragraph (2) of Subsection B of Section 66-4-2 NMSA 1978.

  2. B. Compliance with Section 66-4-2B(2) NMSA 1978 shall be established by providing to the department:

    1. (1) a copy of the letter sent to a majority of the dealers in the county of the proposed additional place of business;
    2. (2) verification that the letter was sent first class mail, postage prepaid, and the date of the mailing; and
    3. (3) a list of the dealers to whom it was sent.

  3. C. The letter to a majority of the dealers in the county shall state, at a minimum, that the:

    1. (1) sale is offered at all times during which the applying dealer will be offering vehicles for sale; and

    2. (2) the required payment, if any, will not be greater than a fair share of the actual expenses incurred.

      [7/19/1994, 9/14/1996; 18.19.4.13 NMAC - Rn & A, 18 NMAC 19.4.9.4, 9/14/2000]

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