New Mexico Statutes

§ 7-34-4 — Ad valorem tax levied

New Mexico § 7-34-4
JurisdictionNew Mexico
Ch. 7Taxation
Art. 34Oil and Gas Production Equipment Ad Valorem Tax

This text of New Mexico § 7-34-4 (Ad valorem tax levied) 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. § 7-34-4 (2026).

Text

An ad valorem tax is levied on the assessed value of the equipment at each production unit. The tax shall be at the rate certified to the department by the department of finance and administration under the provisions of Section 7-37-7 NMSA 1978.

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

Legislative History

1953 Comp., § 72-24-4, enacted by Laws 1969, ch. 119, § 4; 1981, ch. 37, §

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 7-34-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-34-4.