New Mexico Statutes

§ 7-1-57 — Surety bonds

New Mexico·Ch. 7 Taxation·Art. 1 Administration
Surety bonds accepted by the secretary as security in compliance with the provisions of Sections 7-1-54 and 7-1-55 NMSA 1978 shall be payable to the state of New Mexico upon demand by the secretary or the secretary's delegate and a showing to the surety that the principal debtor is a delinquent taxpayer.

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 7-1-57 (Surety bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1953 Comp., § 72-13-70, enacted by Laws 1965, ch. 248, § 58; 1970, ch. 15, §

Nearby Sections

15
View on official source ↗