NMSA 1978, § 7-1-39 — 7-1-39

Release or extinguishment of lien; limitation on actions to
enforce lien.

# A.

When any substantial part of the amount of tax due from a taxpayer is paid, the
department shall immediately file, in the same manner in which a notice of lien was
filed, and in the same records, a document completely or partially releasing the lien.
The official to whom such a document is presented shall record the release of the lien
without charge.

# B.

The department may file, in the same manner as the notice of lien was filed, a
document releasing or partially releasing any lien filed in accordance with Section 7-1-
38 NMSA 1978 when the filing of the lien was premature or did not follow requirements
of law or when release or partial release would facilitate collection of taxes due. The
official to whom the document is presented shall record the release of the lien without
charge.

# C.

In all cases when a notice of lien for taxes, penalties and interest has been filed
under Section 7-1-38 NMSA 1978 and a period of ten years has passed from the date
the lien was filed, as shown on the notice of lien, the taxes, penalties and interest for
which the lien is claimed shall be conclusively presumed to have been paid and the lien
is thereby extinguished, with no further action by the department. No action shall be
brought to enforce any lien extinguished in accordance with this subsection.