Section 66-8-4 - Authority of division to suspend or revoke a registrationThe division may suspend or revoke the registration of a vehicle or a certificate of title, registration evidence, or registration plate or any nonresident permit or other permit in any of the following events:
A. when the division is satisfied that such registration or that such certificate, card, plate or permit was fraudulently or erroneously issued; B. when the division determines that a registered vehicle is mechanically unfit or unsafe to be operated or moved upon the highways; C. when a registered vehicle has been dismantled or wrecked; D. when the division determines that the required fee has not been paid and the same is not paid upon reasonable notice and demand; E. when a registration evidence, registration plate, or permit is knowingly displayed upon a vehicle other than the one for which issued; F. when the division determines that the owner has committed any offense under the Motor Vehicle Code [66-1-1 NMSA 1978] involving the registration, or the certificate, registration evidence, plate or permit; or G. when the division is so authorized under any other provision of law. 1953 Comp., § 64-8-4, enacted by Laws 1978, ch. 35, § 502.