The department shall consent to the cancellation of any bond or the department shall direct and the state treasurer shall return any money to the person entitled thereto upon the substitution and acceptance of any other adequate evidence of financial responsibility as set forth in Section 66-5-218 NMSA 1978.
§ 66-5-228 NMSA 1978
Substitution of evidence
1953 Comp., § 64-5-240, enacted by Laws 1978, ch. 35, § 316; 1978 Comp., § 66-5-240, recompiled as § 66-5-228 by Laws 1983, ch. 318, § 27; 1998, ch. 34, § 12.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.