2015 New Mexico Statutes
Chapter 7 - Taxation
Section 1 Administration
Section 7-1-35 Stay of levy.
7-1-35. Stay of levy.
Levy shall not be made on the property or rights to property of any taxpayer who furnishes security in accordance with the provisions of Section 7-1-54 NMSA 1978. A levy made under authority of Section 7-1-31 NMSA 1978 shall be released as otherwise provided in the Tax Administration Act upon compliance by a taxpayer with the pertinent provisions of Section 7-1-54 NMSA 1978.
History: 1953 Comp., 72-13-49, enacted by Laws 1965, ch. 248, 37; 1969, ch. 9, 1.
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