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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-1-35

Stay of levy

Official textnmonesource.comlast amended

Levy shall not be made on the property or rights to property of any taxpayer who furnishes security in accordance with the provisions of Section 7-1-54 NMSA 1978. A levy made under authority of Section 7-1-31 NMSA 1978 shall be released as otherwise provided in the Tax Administration Act upon compliance by a taxpayer with the pertinent provisions of Section 7-1-54 NMSA 1978.

Amendment history

1953 Comp., § 72-13-49, enacted by Laws 1965, ch. 248, § 37; 1969, ch. 9, § 1.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (40 sections)
  1. 7-1-20 · Compromise of taxes; closing agreements
  2. 7-1-21 · Installment payments of taxes; installment agreements
  3. 7-1-21.1 · Special agreements; alternative gross receipts taxpayer
  4. 7-1-22 · Exhaustion of administrative remedies
  5. 7-1-23 · Disputing liabilities; election of remedies
  6. 7-1-24 · Disputing liabilities; administrative protest
  7. 7-1-24.1 · Repealed
  8. 7-1-25 · Appeals from hearing officer's decision and order
  9. 7-1-26 · Disputing liabilities; claim for rebate or refund
  10. 7-1-26.1 · Repealed
  11. 7-1-27 · 7-1-27
  12. 7-1-28 · Authority for abatements of assessments of tax
  13. 7-1-29 · Authority to make refunds, credits or rebates
  14. 7-1-29.1 · Awarding of costs and fees
  15. 7-1-29.2 · Credit claims
  16. 7-1-30 · Collection of penalties and interest
  17. 7-1-31 · Seizure of property by levy for collection of taxes
  18. 7-1-32 · Contents of warrant of levy
  19. 7-1-33 · Successive seizures
  20. 7-1-34 · Surrender of property subject to levy; penalty
  21. 7-1-35 · Stay of levy
  22. 7-1-36 · Property exempt from levy
  23. 7-1-37 · Assessment as lien
  24. 7-1-38 · Notice of lien
  25. 7-1-39 · 7-1-39
  26. 7-1-40 · Foreclosure of lien
  27. 7-1-41 · Notice of seizure
  28. 7-1-42 · Notice of sale
  29. 7-1-43 · Sale of indivisible property
  30. 7-1-44 · Requirements of sale
  31. 7-1-45 · Manner of sale or conversion to money
  32. 7-1-46 · Minimum prices
  33. 7-1-47 · Redemption before sale
  34. 7-1-48 · Documents of title
  35. 7-1-49 · Legal effect of certificate of sale
  36. 7-1-50 · Legal effect of deed to real property
  37. 7-1-51 · Proceeds of levy and sale
  38. 7-1-52 · Release of levy
  39. 7-1-53 · Enjoining delinquent taxpayer from continuing in business
  40. 7-1-54 · Security for payment of tax
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