A. In the event any registration evidence or registration plate is lost, mutilated or becomes illegible, the owner or legal representative or successor in interest of the owner of the vehicle for which the registration evidence or registration plate was issued as shown by the records of the division shall immediately make application for and may obtain a duplicate or a new registration under a new registration number as determined to be the most advisable by the division upon the applicant furnishing information satisfactory to the division.
B. In the event any certificate of title is lost, mutilated or becomes illegible, the owner or legal representative or successor in interest of the owner of the boat required to be titled under the provisions of the Boat Act [Chapter 66, Article 12 NMSA 1978] or the vehicle for which the certificate of title was issued as shown by the records of the division shall immediately make application for and may obtain a duplicate upon the applicant furnishing information satisfactory to the division. In the event a lien or encumbrance is filed of record with the division, the division shall require the application for the duplicate certificate of title to be signed by the holder of the lien or encumbrance. Upon issuance of any duplicate certificate of title, the previous certificate last issued is void.
C. In the absence of the regularly required supporting evidence of ownership upon application for certificate of title, registration or transfer of a boat required to be titled under the provisions of the Boat Act or a vehicle, the division may accept an undertaking or surety bond, in an amount double the value of the boat or vehicle, which shall be conditioned to protect the department and all officers and employees of the department and any subsequent purchaser of the boat or vehicle, any person holding or acquiring a lien or security interest on the boat or vehicle or the successor in interest of the purchaser or person against any loss or damage on account of any defect in or undisclosed claim upon the right, title and interest of the applicant or other person in and to the boat or vehicle. The bond shall run to the true owner or the lienholder. The bond shall expire three years after the date it became effective.
History: 1953 Comp., § 64-3-24, enacted by Laws 1978, ch. 35, § 44; 1990, ch. 120, § 26; 2007, ch. 319, § 23.
Cross references. — For issuance of nonnegotiable certificates of title, see 66-3-11 NMSA 1978.
The 2007 amendment, effective June 15, 2007, amended Subsection A to eliminate substitute registrations.
The 1990 amendment, effective July 1, 1990, inserted "boat required to be titled under the provisions of the Boat Act" in the first sentences of Subsections B and C, substituted "is void" for "shall be void" at the end of the last sentence of Subsection B, inserted "boat or" preceding "vehicle" in three places and substituted "department" for "division" in the first sentence, and made minor stylistic changes throughout the section.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 60 C.J.S. Motor Vehicles §§ 42, 106.
Structure New Mexico Statutes
Part 1 - REGISTRATION, CERTIFICATES OF TITLE AND REGISTRATION PLATES GENERALLY
Section 66-3-1 - Vehicles subject to registration; exceptions.
Section 66-3-1.1 - Motor carriers required to register with the department.
Section 66-3-1.2 - Registration; declared gross weight.
Section 66-3-1.3 - Unregistered foreign commercial motor carrier vehicle operations.
Section 66-3-1.4 - Motorcycle endorsement not required for autocycle operation.
Section 66-3-2 - Registration; trailers, semitrailers, pole trailers and freight trailers.
Section 66-3-2.1 - Full reciprocity registration; application; fee; formula; payment.
Section 66-3-2.3 - Full reciprocity registration; jurisdictions.
Section 66-3-2.4 - Registration of additional motor vehicles.
Section 66-3-2.5 - Withdrawal of fleet motor vehicles; notification; surrender of documents.
Section 66-3-2.6 - Preservation of international registration plan records; audit.
Section 66-3-2.7 - New registrant; estimated mileage.
Section 66-3-2.8 - Fleet registration; denial.
Section 66-3-2.9 - Relationship to other state laws.
Section 66-3-2.10 - Registration under the international registration plan not exclusive.
Section 66-3-3 - Registration card; special plate or sticker; declared gross weight.
Section 66-3-3.1 - Tax identification permit.
Section 66-3-5 - Application for specially constructed, reconstructed or foreign vehicles.
Section 66-3-6 - Temporary registration permits, demonstration permits and transport permits.
Section 66-3-7 - Grounds for refusing, suspending or revoking registration or certificate of title.
Section 66-3-8 - Examination of registration records and index of stolen and recovered vehicles.
Section 66-3-9 - Registration indexes.
Section 66-3-11 - Director may authorize issuance of nonnegotiable certificates of title.
Section 66-3-12 - Evidential value of certificate.
Section 66-3-13 - Evidence of registration to be signed and exhibited on demand.
Section 66-3-14.1 - County name stickers.
Section 66-3-15 - Special registration plates; procedures; fee.
Section 66-3-16.1 - Prohibited acts; penalties.
Section 66-3-17 - Registration plate; replacement of plate.
Section 66-3-20 - Renewal of registration; vehicles registered by declared gross weight.
Section 66-3-21 - Vehicle exceeding declared gross weight.
Section 66-3-22 - Re-registration; change in declared gross weight.
Section 66-3-23 - Notice of change of address or name.
Section 66-3-24 - Lost or damaged certificates, registration evidence or plates.
Section 66-3-25 - Division may assign new identifying number.
Section 66-3-27 - Horseless carriage registration.
Section 66-3-28 - State government registration plates; issuance approved.