A. Unless a person is a motor vehicle dealer or the holder of a security interest filed pursuant to Section 66-3-201 NMSA 1978, before the person attempts to sell a used motor vehicle, the person shall legally possess the title to the used motor vehicle. B. Any person who violates any provision of this section is guilty of a misdemeanor and shall be punished by a fine of three hundred dollars ($300) or by imprisonment for not less than thirty days or both. History: Laws 1987, ch. 250, § 2; 2023, ch. 137, § 1. The 2023 amendment, effective July 1, 2023, removed a provision related to where an owner of a motor vehicle, not a dealer, may sell the vehicle, and provided that a person attempting to sell a used motor vehicle must legally possess the title to the used motor vehicle unless the person attempting to sell the motor vehicle is a dealer; in the section heading, deleted "place of sale; advertising" and added "registration"; and deleted former Subsection A and added a new Subsection A.
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