New Mexico § 72-18-26 Liability of property included or excluded

New Mexico Statutes

§ 72-18-26 — Liability of property included or excluded

New Mexico·Ch. 72 Water Law·Art. 18 Flood Control Districts

All taxable property annexed to a district shall thereafter be subject to the levy of taxes for the payment of any indebtedness of the district outstanding at the time of the annexation. Property excluded from a district shall thereafter be subject to the levy of taxes for the payment of any indebtedness of the district outstanding at the time of its exclusion in the same manner and to the same extent as if the property had not been excluded from the district.

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All taxable property annexed to a district shall thereafter be subject to the levy of taxes for the payment of any indebtedness of the district outstanding at the time of the annexation. Property excluded from a district shall thereafter be subject to the levy of taxes for the payment of any indebtedness of the district outstanding at the time of its exclusion in the same manner and to the same extent as if the property had not been excluded from the district.

New Mexico § 72-18-26 (Liability of property included or excluded) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.