Partnertax.ai
Start free trial →

NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-38-44

7-38-44

Official textnmonesource.comlast amended

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.

Amendment history

1953 Comp., § 72-31-44, enacted by Laws 1973, ch. 258, § 84; 1974, ch. 92, § 16.

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. 7-38-29 · Retention of hearing records
  2. 7-38-30 · 7-38-30
  3. 7-38-31 · 7-38-31
  4. 7-38-32 · 7-38-32
  5. 7-38-33 · Department of finance and administration to set tax rates
  6. 7-38-34 · 7-38-34
  7. 7-38-35 · Preparation of property tax schedule by assessor
  8. 7-38-36 · Preparation and mailing of property tax bills
  9. 7-38-36.1 · 7-38-36.1
  10. 7-38-36.2 · 7-38-36.2
  11. 7-38-37 · Contents of property tax bill
  12. 7-38-38 · 7-38-38
  13. 7-38-38.1 · 7-38-38.1
  14. 7-38-38.2 · 7-38-38.2
  15. 7-38-38.3 · 7-38-38.3
  16. 7-38-39 · Protesting values; claim for refund
  17. 7-38-40 · Claims for refund; civil action
  18. 7-38-41 · Protested property taxes; suspense fund; refunds; interest
  19. 7-38-42 · 7-38-42
  20. 7-38-43 · 7-38-43
  21. 7-38-44 · 7-38-44
  22. 7-38-44.1 · 7-38-44.1
  23. 7-38-45 · 7-38-45
  24. 7-38-46 · Delinquent property taxes
  25. 7-38-47 · 7-38-47
  26. 7-38-48 · 7-38-48
  27. 7-38-49 · Unpaid property taxes; imposition of interest
  28. 7-38-50 · Delinquent taxes; civil penalties
  29. 7-38-51 · 7-38-51
  30. 7-38-52 · 7-38-52
  31. 7-38-53 · 7-38-53
  32. 7-38-54 · Demand warrant; contents
  33. 7-38-55 · Surrender of personal property; penalty for refusal
  34. 7-38-56 · Release of personal property seized
  35. 7-38-57 · Notice of sale of personal property
  36. 7-38-58 · Personal property sale requirements
  37. 7-38-59 · Certificates of sale; effect of certificates of sale
  38. 7-38-60 · Notification to property owner of delinquent taxes
  39. 7-38-61 · 7-38-61
  40. 7-38-62 · 7-38-62
Full table of contents →