New Mexico Code § 64-4-4

Aircraft registration
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A. All aircraft based or hangared within this state shall be registered annually with the division, and a registration fee shall be paid as approved in the Aircraft Registration Act.
B. Aircraft that are within the state for maintenance, overhaul, storage or repair, but that are habitually or permanently based in another state, may be registered pursuant to the provisions of the Aircraft Registration Act.
History: 1953 Comp., § 44-5-4, enacted by Laws 1965, ch. 122, § 4; 1970, ch. 50, § 2; 1977, ch. 250, § 24; 2003, ch. 224, § 1.
The 2003 amendment, effective July 1, 2003, added the Subsection A designation and added Subsection B.
No formula for veterans' exemption. — Although qualified veterans were theoretically entitled to soldiers' exemption under former 72-1-13, 1953 Comp., from some undetermined portion of the aircraft registration fee, where the legislature did not provide a formula for application of the exemption, the director had no power to invent such a formula. 1972 Op. Att'y Gen. No. 72-28.
Aircraft of nonresident servicemen exempt. — Under New Mexico law, an aircraft is not defined by statute as a motor vehicle; hence, aircraft of nonresident servicemen stationed in this state are exempt from the provisions of the Aircraft Registration Act by virtue of the federal Soldiers' and Sailors' Civil Relief Act (50 U.S.C. App §§ 501 to 591). 1966 Op. Att'y Gen. No. 66-41 (rendered under prior law).
Am. Jur. 2d, A.L.R. and C.J.S. references. — 8A Am. Jur. 2d Aviation §§ 31, 32.
2A C.J.S. Aeronautics and Aerospace §§ 39 to 41.

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