TITLE 18:TRANSPORTATION & HIGHWAYS

CHAPTER 18:MOTOR VEHICLE ADMINISTRATION

PART 5: EVIDENCE OF FINANCIAL RESPONSIBILITY TO BE CARRIED IN A MOTOR VEHICLE

18.18.5.1 ISSUING AGENCY: Taxation and Revenue Department, Joseph M. Montoya Building, 1100 South St. Francis Drive, P.O. Box 630, Santa Fe NM 87504-0630

[10/31/96, 18.18.5.1 NMAC - Rn, 18 NMAC 18.5.1, 9/14/00]

18.18.5.2 SCOPE: This Part applies to all owners of vehicles and all drivers of vehicles.

[10/31/96, 18.18.5.2 NMAC - Rn, 18 NMAC 18.5.2, 9/14/00]

18.18.5.3 STATUTORY AUTHORITY: Section 9-11-6.2 NMSA 1978.

[10/31/96, 18.18.5.3 NMAC - Rn, 18 NMAC 18.5.3, 9/14/00]

18.18.5.4 DURATION: Permanent.

[10/31/96, 18.18.5.4 NMAC - Rn, 18 NMAC 18.5.4, 9/14/00]

18.18.5.5 EFFECTIVE DATE: 10/31/96, unless a later date is cited at the end of a section, in which case the later date is the effective date.

[10/31/96, 18.18.5.5 NMAC – Rn & A, 18 NMAC 18.5.5, 9/14/00]

18.18.5.6 OBJECTIVE: The objective of this Part is to interpret, exemplify, implement and enforce the provisions of the Motor Vehicle Code and Mandatory Financial Responsibility Act.

[10/31/96, 18.18.5.6 NMAC - Rn, 18 NMAC 18.5.6, 9/14/00]

18.18.5.7 DEFINITIONS: [RESERVED]

[10/31/96, 18.18.5.7 NMAC - Rn, 18 NMAC 18.5.7, 9/14/00]

18.18.5.8 EVIDENCE OF FINANCIAL RESPONSIBILITY:

A. Evidence of financial responsibility required to be carried in a motor vehicle shall be executed by the owner or operator's insurer, surety or the New Mexico state treasurer, as appropriate. Except as otherwise provided in 18.18.5.8 NMAC, the evidence of financial responsibility must contain the following information:

(1) name and address of the insured or owner of the vehicle;

(2) year and make of the vehicle;

(3) vehicle identification number;

(4) insurance policy, surety bond or deposit number;

(5) effective date of the insurance policy, surety bond or deposit; and

(6) expiration date of the insurance policy, surety bond or deposit, if applicable.

B. The certificate or insurance policy may omit the year, make and vehicle identification number of the vehicle if the vehicle is covered under a liability insurance policy where any owned vehicle is insured. In such a case, the certificate or insurance policy must indicate “fleet—any owned vehicle” on its face.

[12/9/83, 10/31/96, 18.18.5.8 NMAC - Rn & A, 18 NMAC 18.5.8, 9/14/00]

HISTORY OF 18.18.5 NMAC:

Pre-NMAC History: Certain material in this Part was derived that previously filed with the commission of public records - state records center and archives:

Transportation Rule No. 84-1-MVD, Evidence of Financial Responsibility to be Carried in a Motor Vehicle, 12-9-83