New Mexico Statutes
§ 7-38-55 — Surrender of personal property; penalty for refusal
New Mexico § 7-38-55
This text of New Mexico § 7-38-55 (Surrender of personal property; penalty for refusal) 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. § 7-38-55 (2026).
Text
A.Any person in the possession of personal property subject to claim for delinquent taxes and upon whom service of a demand warrant has been made must surrender the personal property to the county treasurer. However, that part of the personal property which is the subject of a bona fide attachment, execution or other similar process need not be surrendered unless the property is released from the attachment, execution or other similar process.
B.Any person who wrongfully fails or refuses to surrender personal property is personally liable for an amount equal to the value of the personal property not surrendered or the amount of the delinquent taxes, penalties and interest on that property, whichever is less.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1953 Comp., § 72-31-55, enacted by Laws 1973, ch. 258, § 95.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-38-55, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-38-55.