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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-38-55

Surrender of personal property; penalty for refusal

Official textnmonesource.comlast amended

# A.

Any person in the possession of personal property subject to claim for delinquent taxes and upon whom service of a demand warrant has been made must surrender the personal property to the county treasurer. However, that part of the personal property which is the subject of a bona fide attachment, execution or other similar process need not be surrendered unless the property is released from the attachment, execution or other similar process.

# B.

Any person who wrongfully fails or refuses to surrender personal property is personally liable for an amount equal to the value of the personal property not surrendered or the amount of the delinquent taxes, penalties and interest on that property, whichever is less.

Amendment history

1953 Comp., § 72-31-55, enacted by Laws 1973, ch. 258, § 95.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (40 sections)
  1. 7-38-38.1 · 7-38-38.1
  2. 7-38-38.2 · 7-38-38.2
  3. 7-38-38.3 · 7-38-38.3
  4. 7-38-39 · Protesting values; claim for refund
  5. 7-38-40 · Claims for refund; civil action
  6. 7-38-41 · Protested property taxes; suspense fund; refunds; interest
  7. 7-38-42 · 7-38-42
  8. 7-38-43 · 7-38-43
  9. 7-38-44 · 7-38-44
  10. 7-38-44.1 · 7-38-44.1
  11. 7-38-45 · 7-38-45
  12. 7-38-46 · Delinquent property taxes
  13. 7-38-47 · 7-38-47
  14. 7-38-48 · 7-38-48
  15. 7-38-49 · Unpaid property taxes; imposition of interest
  16. 7-38-50 · Delinquent taxes; civil penalties
  17. 7-38-51 · 7-38-51
  18. 7-38-52 · 7-38-52
  19. 7-38-53 · 7-38-53
  20. 7-38-54 · Demand warrant; contents
  21. 7-38-55 · Surrender of personal property; penalty for refusal
  22. 7-38-56 · Release of personal property seized
  23. 7-38-57 · Notice of sale of personal property
  24. 7-38-58 · Personal property sale requirements
  25. 7-38-59 · Certificates of sale; effect of certificates of sale
  26. 7-38-60 · Notification to property owner of delinquent taxes
  27. 7-38-61 · 7-38-61
  28. 7-38-62 · 7-38-62
  29. 7-38-63 · 7-38-63
  30. 7-38-64 · Repealed
  31. 7-38-65 · 7-38-65
  32. 7-38-66 · Sale of real property for delinquent taxes; notice of sale
  33. 7-38-67 · Real property sale requirements
  34. 7-38-67.1 · 7-38-67.1
  35. 7-38-68 · Installment agreements
  36. 7-38-69 · 7-38-69
  37. 7-38-70 · 7-38-70
  38. 7-38-71 · Distribution of amounts received from sale of property
  39. 7-38-72 · 7-38-72
  40. 7-38-73 · 7-38-73
Full table of contents →