New Mexico Statutes

§ 7-38-73 — Department of finance and administration to promulgate

New Mexico § 7-38-73
JurisdictionNew Mexico
Ch. 7Taxation
Art. 38Administration and Enforcement of Property Taxes

This text of New Mexico § 7-38-73 (Department of finance and administration to promulgate) 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. § 7-38-73 (2026).

Text

regulations regarding accounting for and distribution of property taxes collected. The department of finance and administration is authorized and directed to promulgate regulations covering the receipt of, accounting for and distribution of amounts received under the Property Tax Code by county treasurers as taxes. The department of finance and administration may provide in these regulations for the withholding of amounts of taxes to which the state is entitled to distribution in those instances when delinquent property taxes are paid to the department, but the regulations shall require that withheld taxes must be credited and shown as paid by the county treasurer on the property tax schedule.

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Legislative History

1953 Comp., § 72-31-73, enacted by Laws 1973, ch. 258, § 113.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-38-73, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-38-73.