Partnertax.ai
Start free trial →

NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-1-52

Release of levy

Official textnmonesource.comlast amended

It shall be lawful for the secretary or the secretary's delegate, under regulations prescribed by the secretary, to release the levy upon all or part of the property or rights to property levied upon if the secretary or the secretary's delegate determines that such action will facilitate the collection of the liability, but the release shall not operate to prevent any subsequent levy.

Amendment history

1953 Comp., § 72-13-66, enacted by Laws 1965, ch. 248, § 54; 1979, ch. 144, § 46; 2001, ch. 56, § 13.

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

Report a problem

What's wrong?

Sent anonymously with this page's citation. No personal information is collected.
In this article (40 sections)
  1. 7-1-32 · Contents of warrant of levy
  2. 7-1-33 · Successive seizures
  3. 7-1-34 · Surrender of property subject to levy; penalty
  4. 7-1-35 · Stay of levy
  5. 7-1-36 · Property exempt from levy
  6. 7-1-37 · Assessment as lien
  7. 7-1-38 · Notice of lien
  8. 7-1-39 · 7-1-39
  9. 7-1-40 · Foreclosure of lien
  10. 7-1-41 · Notice of seizure
  11. 7-1-42 · Notice of sale
  12. 7-1-43 · Sale of indivisible property
  13. 7-1-44 · Requirements of sale
  14. 7-1-45 · Manner of sale or conversion to money
  15. 7-1-46 · Minimum prices
  16. 7-1-47 · Redemption before sale
  17. 7-1-48 · Documents of title
  18. 7-1-49 · Legal effect of certificate of sale
  19. 7-1-50 · Legal effect of deed to real property
  20. 7-1-51 · Proceeds of levy and sale
  21. 7-1-52 · Release of levy
  22. 7-1-53 · Enjoining delinquent taxpayer from continuing in business
  23. 7-1-54 · Security for payment of tax
  24. 7-1-55 · Contractor's bond for gross receipts; tax; penalty
  25. 7-1-56 · Sale of or proceedings against security
  26. 7-1-57 · Surety bonds
  27. 7-1-58 · Permanence of tax debt; civil actions to collect tax
  28. 7-1-59 · Jeopardy assessments
  29. 7-1-60 · Estoppel against state
  30. 7-1-61 · Duty of successor in business
  31. 7-1-62 · Duty of secretary; release of successor
  32. 7-1-63 · Assessment of tax due; application of payment
  33. 7-1-64 · Repealed
  34. 7-1-65 · Reciprocal enforcement of tax judgments
  35. 7-1-66 · 7-1-66
  36. 7-1-67 · Interest on deficiencies
  37. 7-1-67.1 · Repealed
  38. 7-1-68 · Interest on overpayments
  39. 7-1-69 · Civil penalty for failure to pay tax or file a return
  40. 7-1-69.1 · Civil penalty for failure to file an information return
Full table of contents →