New Mexico Statutes

§ 3-45-19 — Exemption of property from taxation

New Mexico § 3-45-19
JurisdictionNew Mexico
Ch. 3Municipalities
Art. 45Municipal Housing

This text of New Mexico § 3-45-19 (Exemption of property from taxation) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 3-45-19 (2026).

Text

The real property of a housing project, as defined in Section 3-45-3 NMSA 1978, is declared to be public property used for essential public and governmental purposes and is property of a city of this state and is exempt from taxation until a deed conveying that property to a nonexempt entity is executed and delivered by the city.

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Legislative History

1953 Comp., § 14-46-19, enacted by Laws 1965, ch. 300; 1979, ch. 258, § 1.

Nearby Sections

15
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Bluebook (online)
New Mexico § 3-45-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/3/3-45-19.