NMSA 1978, § 7-12-8 — Redemption of stamps

The department shall redeem unused or destroyed stamps at the price paid by the
buyer, provided acceptable proof of such destruction is provided the department. It is
presumed that the stamps presented for redemption were the last stamps bought in the
month in which the sale of the stamps was made. If the month in which the sale was
made is unknown, the amount to be paid by the department upon redemption shall be
computed as if the stamps presented for redemption were the last stamps bought in the
average monthly number of stamps bought during the preceding calendar year.