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The following pages detail the requirements and obligations of a registered or certified junk and salvage business. Important: Salvage Vehicle Application.Minimize the risk of using outdated forms and eliminate rejected fillings. 1. Requirements upon acquisition of junk or salvage vehicles. (a) By an insurance company. NMVTIS serves as a repository of information related to vehicles that have been in the possession of auto recyclers, junk yards and salvage yards. Junk and salvage yards are responsible for reporting to NMVTIS: The name, address, and contact information for the reporting entity. Examples of descriptive labels regarding the status of a motor vehicle include "junk," "salvage,". "non-repairable," "prior salvage," "rebuilt salvage,". Watch this video for how to obtain a reporting ID number and how to report junk, salvage, and total loss vehicles to NMVTIS.