New Mexico § 73-11-38 [Delinquent taxes; interest.]

New Mexico Statutes

§ 73-11-38 — [Delinquent taxes; interest.]

New Mexico § 73-11-38

Ch. 73Special Districts

Art. 11Irrigation Districts Cooperating with United States

This text of New Mexico § 73-11-38 ([Delinquent taxes; interest.]) 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. § 73-11-38 (2026).

Text

On January 1st of each year if the taxes, levies and assessments made the previous year shall not have been paid, one-half thereof shall become delinquent and on July 1st following if not paid, the remaining one-half of said taxes, assessments and levies shall become delinquent and such taxes, assessments and levies from the respective dates of delinquency shall bear interest at the rate of one percent per month until paid.

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

On January 1st of each year if the taxes, levies and assessments made the previous year shall not have been paid, one-half thereof shall become delinquent and on July 1st following if not paid, the remaining one-half of said taxes, assessments and levies shall become delinquent and such taxes, assessments and levies from the respective dates of delinquency shall bear interest at the rate of one percent per month until paid.