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Current as of January 01, 2024 | Updated by Findlaw Staff
For the purposes of this act:
A. “collector” means the owner of one or more vehicles of historic or special interest who collects, purchases, acquires, trades or disposes of these vehicles or parts thereof for his own use in order to preserve, restore and maintain a vehicle for hobby purposes;
B. “parts car” means a motor vehicle generally in nonoperable condition which is owned by a collector to furnish parts that are usually nonobtainable from normal sources, thus enabling a collector to preserve, restore and maintain a motor vehicle of historic or special interest; and
C. “historic or special interest vehicle” means a vehicle of any age which, because of its significance, is being collected, preserved, restored or maintained by a hobbyist as a leisure pursuit.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 66. Motor Vehicles § 66-11-2. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-66-motor-vehicles/nm-st-sect-66-11-2/
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