New Mexico Statutes

§ 7-1-35 — Stay of levy

New Mexico § 7-1-35
JurisdictionNew Mexico
Ch. 7Taxation
Art. 1Administration

This text of New Mexico § 7-1-35 (Stay of levy) 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. § 7-1-35 (2026).

Text

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.

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Legislative History

1953 Comp., § 72-13-49, enacted by Laws 1965, ch. 248, § 37; 1969, ch. 9, §

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-1-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-1-35.