New Mexico Statutes

§ 7-24A-19 — Foreclosure

New Mexico § 7-24A-19
JurisdictionNew Mexico
Ch. 7Taxation
Art. 24ACounty and Municipal Gasoline Tax

This text of New Mexico § 7-24A-19 (Foreclosure) 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. § 7-24A-19 (2026).

Text

If the interest or any serial maturity of any bond is in default, any obligee may foreclose against the county or municipality under the same procedure provided for foreclosure of real estate mortgages. The district court may appoint a receiver to operate the transit facilities or operation in default.

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Legislative History

1978 Comp., § 7-24A-19, enacted by Laws 1978, ch. 182, § 19.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-24A-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-24A-19.