New Mexico Statutes 30-16D-2. Embezzlement of a vehicle or motor vehicle
Current as of: 2024 | Check for updates
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A. Embezzlement of a vehicle or motor vehicle consists of a person embezzling or converting to the person’s own use a vehicle or motor vehicle as defined by the Motor
Attorney's Note
Under the New Mexico Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| second degree felony | up to 9 years | up to $10,000 |
| third degree felony | up to 3 years | up to $5,000 |
| fourth degree felony | up to 18 months | up to $5,000 |
Terms Used In New Mexico Statutes 30-16D-2
- Embezzlement: In most states, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those assets. Embezzlement typically occurs in the employment and corporate settings. Source: OCC
Vehicle Code [Chapter 66, Articles 1 to 8 NMSA 1978], with which the person has been entrusted, with the fraudulent intent to deprive the owner of the vehicle or motor vehicle.
B. Whoever commits embezzlement of a vehicle or motor vehicle is guilty of a: (1) fourth degree felony for a first offense;
(2) third degree felony for a second offense; and
(3) second degree felony for a third or subsequent offense.