Evidence of financial responsibility, when required under the Mandatory Financial
Responsibility Act, may be given by filing:
A. evidence of a motor vehicle insurance policy;
B. a surety bond as provided in Section 66-5-225 NMSA 1978; or
C. a certificate of deposit of money as provided in Section 66-5-226 NMSA 1978.
History: 1953 Comp., § 64-5-226, enacted by Laws 1978, ch. 35, § 302; 1978 Comp., §
66-5-226, recompiled as § 66-5-218 by Laws 1983, ch. 318, § 18; 1998, ch. 34, § 9.
ANNOTATIONS
Recompilations. — Laws 1983, ch. 318, § 13, recompiled former 66-5-218 NMSA
1978, relating to an exception to revocation of license when consent is granted by a
judgment creditor, as 66-5-213 NMSA 1978, effective January 1, 1984.
The 1998 amendment, effective July 1, 1998, substituted "insurance" for "liability" in
Subsection A, deleted Subsection B, relating to evidence of a certified motor vehicle
liability policy, and redesignated the following subsections accordingly.
Notes of Decisions
Allstate Ins. v. Jensen, 788 P.2d 340 (N.M. 1990).
· cites it 4× “” NMSA 1978, § 66-5-218 (emphasis added). Significantly, the 1984 Act eliminated all provisions that would require a motorist to file a certified policy with the division.”
Slack v. Robinson, 71 P.3d 514 (N.M. Ct. App. 2003).
“§ 66-5-218(A). Registration of a vehicle can be suspended by the Motor Vehicle Division if insurance coverage is not provided.”
State Farm Mut. Auto. Ins. v. Progressive, 35 P.3d 309 (N.M. Ct. App. 2001).
“Sections 66-5-218, -225, -226. All three alternatives are designed to *311 ameliorate the "catastrophic financial hardship," § 66-5-201.”
Arnold v. Farmers Ins. Co. of Arizona, 760 F. Supp. 2d 1272 (D.N.M. 2010).
· cites it 2× “See NMSA 1978, § 66-5-218. The certificate of deposit of money certifies that the person named in the certificate has deposited $60,000.”
N.M. Stat. § 66-5-218(A): 2 cases
Allstate Ins. v. Jensen, 788 P.2d 340 (N.M. 1990).
“” NMSA 1978, § 66-5-218 (emphasis added). Significantly, the 1984 Act eliminated all provisions that would require a motorist to file a certified policy with the division.”
Slack v. Robinson, 71 P.3d 514 (N.M. Ct. App. 2003).
“§ 66-5-218(A). Registration of a vehicle can be suspended by the Motor Vehicle Division if insurance coverage is not provided.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.