HOUSE JUDICIARY COMMITTEE SUBSTITUTE FOR

HOUSE BILL 867

46th legislature - STATE OF NEW MEXICO - first session, 2003











AN ACT

RELATING TO MOTOR VEHICLES; REPEALING AND ENACTING A SECTION OF THE MOTOR VEHICLE CODE CONCERNING JUDICIAL REVIEW OF AN ARBITRATION AWARD.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 66-5-303 NMSA 1978 (being Laws 1969, Chapter 18, Section 4) is repealed and a new Section 66-5-303 NMSA 1978 is enacted to read:

"66-5-303. [NEW MATERIAL] UNINSURED MOTORIST--JUDICIAL REVIEW ARBITRATION AWARD.--After a party to an arbitration proceeding involving an uninsured motorist receives notice of an award, the party may make a motion to the district court for an order confirming the award, at which time the court shall issue a confirming order unless the award is modified or corrected pursuant to Section 44-7A-21 or 44-7A-25 NMSA 1978 or is vacated pursuant to Section 44-7A-24 NMSA 1978.".

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