NMSA 1978, § 7-38-44 — 7-38-44

Special procedures for administration of taxes on personal
property when probable removal of property from state will
jeopardize collection of taxes.

# A.

If the director or a county assessor has reasonable cause to believe that
personal property, other than livestock, subject to valuation by him for property taxation
purposes in a tax year will be removed from the state or the county, respectively, before
the taxes for that year are due and that the removal of the property will jeopardize the
collection of the tax, he may, for property subject to valuation by him:
(1) proceed immediately to determine the value of the property and send a
notice of valuation to the property owner;
(2) at any time after sending the notice of valuation proceed to determine the
taxes due on the property by using the prior year's tax rates if the current year's tax
rates have not been set and prepare and mail or deliver a property tax bill to the
property owner and proceed to collect the taxes immediately; and
(3) issue a demand warrant and proceed to collect unpaid taxes as delinquent
taxes under the provisions of Sections 7-38-53 through 7-38-59 NMSA 1978 if taxes are
not paid upon demand.

# B.

Payment of taxes determined on the basis of the prior year's tax rates under this
section constitutes full payment of the taxes on the property involved for the current tax
year.