us-nm/stat

NMSA 1978, § 7-1-51 — Proceeds of levy and sale

A.

Money realized by levy or sale under provision of the Tax Administration Act shall
be first applied against the expenses of the proceedings;

B.

The amount, if any, remaining shall then be applied to the liability for tax in
respect of which the levy was made; and

C.

The balance, if any, remaining shall be returned to a person legally entitled
thereto.

Last amended: 1953 Comp., § 72-13-65, enacted by Laws 1965, ch. 248, § 53.

Source: official text