{"data":{"id":"us-nm/59a-32-23","jurisdiction":"us-nm","citation":"59A-32-23","heading":"Vehicle insurance; primary liability; assignment; notice.","body":"A. When a vehicle owned by a licensed automobile dealer is loaned without a fee to a person for demonstration purposes, as a temporary substitute for that person's vehicle while it is being serviced or repaired, as a promotional courtesy vehicle or as a courtesy vehicle, primary insurance or self-insurance coverage shall be provided by the motor vehicle insurer providing coverage to the person using the demonstration vehicle, temporary substitute vehicle, promotional courtesy vehicle or a courtesy vehicle, and coverage provided by the dealer or the dealer's insurer applies only as excess coverage.\nB. A person proposing to operate a motor vehicle for the purposes identified in Subsection A of this section may assume primary responsibility for the operator's vehicle insurance by signing the following statement:\n\"PRIMARY LIABILITY ASSIGNMENT\nIn consideration of the vehicle owner entrusting the motor vehicle elsewhere described to me, I agree that my vehicle insurance or self-insurance coverage shall be primarily responsible for any loss or damage caused by or to the motor vehicle.\".\nC. The agreement set forth in Subsection B of this section shall be binding on all insurers and self-insurers transacting insurance in the state as a condition of doing the business of transacting insurance.","path":["Chapter 59A - Insurance Code","ARTICLE 32 Motor Vehicle Insurance"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"4c8f249e4c4e1f1caefdd642227582e033fb942acdd805be5ab4dc36709f0748","source_id":"us-nm","stale":false,"prev":"us-nm/59a-32-22","next":"us-nm/59a-32a-1"},"notice":"GroundRules: Original legal text. Not legal advice."}