us-nm/stat
NMSA 1978, § 7-38-21.1 — Protests; state-assessed property; election of remedies
A.
A property owner may protest the value or classification determined by the
department for the property owner's property for property taxation purposes, the
allocation of value of the property to a particular governmental unit or a denial of a claim
for an exemption by:
(1) filing a petition of protest with the administrative hearings office, as
provided in the Property Tax Code; or
(2) filing a claim for refund with a district court after paying the property
owner's taxes as provided in the Property Tax Code.
B.
The initiation of a protest under Paragraph (1) of Subsection A of this section is
an election to pursue that remedy and is an unconditional and irrevocable waiver of the
right to pursue the alternative remedy provided in Paragraph (2) of Subsection A of this
section.
Source: official text