NMSA 1978, § 7-38-44.1 — 7-38-44.1

Special procedures for administration of taxes on real
property divided or combined.

# A.

For real property subject to valuation for property taxation purposes in a taxable
year that is divided or combined, a county shall proceed to determine the taxes due on
the property by using the prior year's tax rate, if the current tax rates have not been set,
and the prior year's value, if the current year value has not been set, and proceed to
immediately collect the taxes, penalties, interest and fees through the taxable year in
which the property is divided or combined.

# B.

A taxpayer shall pay the taxes, penalties, interest and fees due on real property
divided or combined through the taxable year in which the property is divided or
combined prior to filing a plat.