N.M. Admin. Code § 18.19.4.13

Current through Register Vol. 35, No. 17, September 10, 2024

Section 18.19.4.13 - SUPPLEMENTAL LICENSE REQUIREMENTS - COMPLIANCE WITH SECTION 66-4-2B(2) NMSA 1978

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.

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

(1) a copy of the letter sent to a majority of the dealers in the county of the proposed additional place of business;

(2) verification that the letter was sent first class mail, postage prepaid, and the date of the mailing; and

(3) a list of the dealers to whom it was sent.

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

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

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

N.M. Admin. Code § 18.19.4.13

7/19/94, 9/14/96; 18.19.4.13 NMAC - Rn & A, 18 NMAC 19.4.9.4, 9/14/00