N.M. Admin. Code § 18.19.4.9

Current through Register Vol. 35, No. 21, November 5, 2024

Section 18.19.4.9 - APPLICATIONS FOR SUPPLEMENTAL LICENSE

Any dealer or wrecker who desires to open any additional place of business shall:

A. at least fourteen days prior to the sale of any vehicles at the additional place of business, submit an application for a supplemental license to the dealer section of the motor vehicle division of the department on a form provided by the department;

B. submit either an original rider to the dealer or wrecker's existing corporate surety bond or an original corporate surety bond in compliance with the provisions of Section 66-4-7 NMSA 1978 to cover the proposed additional place of business; photocopies or other facsimiles are not acceptable; only original documents will be considered;

C. submit proof satisfactory to the department that the dealer or wrecker has or will have exclusive control over the location of the proposed additional place of business; proof may be submitted in the form of, but is not limited to, an executed lease, an executed contract for purchase of the location or a document such as a deed or, in the case of a temporary place of business, a letter of permission from the land owner or permanent tenant; and

D. comply with Section 66-4-2 B(2) NMSA 1978 and, with respect to temporary places of business, comply with 18.19.4.18 NMAC or, with respect to other places of business, provide the necessary documentation to establish that the proposed additional place of business meets the requirements of an established place of business, except that the books and records of an additional place of business need not be kept there.

N.M. Admin. Code § 18.19.4.9

7/19/94, 9/14/96; 18.19.4.9 NMAC - Rn & A, 18 NMAC 19.4.8.2, 9/14/00; A, 10/13/00