New Mexico Statutes
Part 2 - TRANSFER OF TITLE OR INTEREST
Section 66-3-116 - Title cancellation.

The division of motor vehicles shall, upon receipt of a properly completed dismantler's notification form from a person licensed under Section 66-4-1 NMSA 1978, cancel the title of the vehicle in their records.
History: 1953 Comp., § 64-3-116, enacted by Laws 1978, ch. 35, § 63.

Structure New Mexico 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

Part 2 - TRANSFER OF TITLE OR INTEREST

Section 66-3-101 - Transfer by owner; recordation of mileage of vehicle; use of the plate and registration number on another vehicle.

Section 66-3-101.1 - Terminal rental adjustment clauses; vehicle leases that are not sales nor create security interests.

Section 66-3-102 - Endorsement of assignment and warranty of title.

Section 66-3-103 - New owner to secure transfer of registration and new certificate of title; time period; penalty.

Section 66-3-104 - Use of plate and registration number on another vehicle; transfer of registration.

Section 66-3-105 - Transfer by operation of law.

Section 66-3-106 - Owner after transfer not liable for negligent operation.

Section 66-3-107 - Duties of seller or transferor; additional duties of dealers; application for registration; penalty; mileage of vehicle.

Section 66-3-108 - Transfer to dealers.

Section 66-3-109 - Dealer's guarantee of title.

Section 66-3-110 - When division to reregister vehicle and issue new certificate.

Section 66-3-111 - Assignment by person holding lien.

Section 66-3-112 - Release by lienholder to owner.

Section 66-3-113 - Failure to deliver certificate; penalty.

Section 66-3-114 - Repealed.

Section 66-3-115 - Notification forms; copies; resale of salvaged vehicle or motor vehicle.

Section 66-3-116 - Title cancellation.

Section 66-3-117 - Repealed.

Section 66-3-118 - Manufacturer's certificate of origin; transfer of vehicle not previously registered.

Section 66-3-119 - Vehicle to be dismantled.

Section 66-3-120 - Transportation of certain vehicles; proof of ownership.

Section 66-3-121 - Disposal of abandoned vehicle or motor vehicle.

Section 66-3-122 - Registration effective after death of owner.

Section 66-3-123 - Requirements of purchaser; forms; distribution.

Section 66-3-124 - Department to provide forms.

Section 66-3-125 - Restrictions upon licensees.

Section 66-3-126 - Casual sales; place of sale; advertising; penalty.

Section 66-3-127 - Warning of violation; removal of vehicle.