Section 66-6-3 - Trailers; registration feesA. For freight trailers, the division shall collect thirteen dollars ($13.00) for permanent registration or re-registration after sale or transfer. B. For utility trailers, the division shall collect: (1) for the annual registration of each utility trailer not permanently registered, seven dollars ($7.00) plus one dollar ($1.00) for each one hundred pounds or major fraction thereof of actual empty weight over five hundred pounds; (2) for the permanent registration of utility trailers not used in commerce that have a gross vehicle weight of less than six thousand one pounds, thirty-three dollars ($33.00) plus seven dollars ($7.00) for each one hundred pounds or major fraction thereof of actual empty weight over five hundred pounds; and (3) for the re-registration of permanently registered utility trailers after sale or transfer, seven dollars ($7.00). C. For travel trailers, the division shall collect: (1) for the annual registration of each travel trailer that is not permanently registered, seven dollars ($7.00) plus fifty cents ($.50) for each one hundred pounds or major fraction thereof of gross factory shipping weight over five hundred pounds or, if gross factory shipping weight is not available, of actual empty weight over five hundred pounds; (2) for the permanent registration of travel trailers, thirty-three dollars ($33.00) plus three dollars fifty cents ($3.50) for each one hundred pounds or major fraction thereof of gross factory shipping weight over five hundred pounds or, if the gross factory shipping weight is not available, of actual empty weight over five hundred pounds; and (3) for the re-registration of permanently registered travel trailers after sale or transfer, seven dollars ($7.00). D. At the option of the owner of a fleet of fifty or more utility trailers wishing to register them in New Mexico, the division shall issue a registration and registration plate for each trailer in the fleet, the registration and registration plate to expire on the last day of the final month of a five-year period. Registrations and registration plates shall be issued for five years only if the owner of the trailers meets the following requirements: (1) application is made on forms prescribed by the division and payment of the proper fee is made; (2) upon the option of the director, presentation is made at the time of registration of a surety bond, certificate of deposit or of other financial security; and (3) payment is made by the fleet owner of all registration fees due each year prior to the expiration date. If such fees are not paid, all registrations and registration plates in the fleet shall be canceled. 1953 Comp., § 64-6-3, enacted by Laws 1978, ch. 35, § 338; 1979, ch. 370, § 1; 1999, ch. 227, § 3; 2003 (1st S.S.), ch. 3, § 13; 2007, ch. 319, § 50.