N.M. Stat. § 65-2A-12
Warrants.
A. The department shall issue a warrant that allows a person to provide warranted
service as a charter service, towing service or motor carrier of property if the
department finds that the applicant is in compliance with the financial responsibility and
safety requirements of the Motor Carrier Act and the rules of the department.
B. A towing service carrier performing nonconsensual tows is subject to tariff rates
and terms of service. A towing service carrier performing nonconsensual tows shall not
use the same motor vehicles, equipment and facilities used by another warranted
towing service carrier performing nonconsensual tows.
C. A warrant shall not be transferred or leased to another person.
D. The department may without notice or a public hearing cancel a warrant if the
owner fails to operate under the warrant for twelve consecutive months or fails to
provide proof of financial responsibility as required by the department for four
consecutive months.