Whenever the owner or lessee of a registered aircraft transfers his title or interest thereto, the registration certificate and number issued for such aircraft shall remain with said aircraft. Upon a transfer or assignment of title or interest the owner or lessee shall endorse such assignment upon his certificate of registration, which statement shall be verified under oath by such owner or lessee. The owner or lessee shall deliver the certificate of registration and registration number to the purchaser or transferee at the time of delivery of the aircraft. If an aircraft is not registered at the time of purchase or lease, even though the aircraft may have been purchased within the state, new or used, the purchaser shall register it as provided herein.
History: 1953 Comp., § 44-5-10, enacted by Laws 1965, ch. 122, § 10.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 8A Am. Jur. 2d Aviation §§ 31, 32.
2A C.J.S. Aeronautics and Aerospace § 191.
Structure New Mexico Statutes
Article 4 - Registration of Aircraft
Section 64-4-2 - Purpose of act.
Section 64-4-4 - Aircraft registration.
Section 64-4-5 - Time of registration; penalty.
Section 64-4-5.1 - Unpaid registration fees; lien; hearing; seizure.
Section 64-4-6 - Action on application.
Section 64-4-7 - Division duties.
Section 64-4-8 - Rules and regulations.
Section 64-4-9 - Duplicate certificates.
Section 64-4-10 - Transfer of registration.
Section 64-4-11 - Registration fees.
Section 64-4-12 - Aircraft dealer's and specialized-use license.
Section 64-4-13 - Fraudulent applications.