NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-38-69
7-38-69
Distribution of amounts collected under installment agreements.
Amounts collected under installment agreements entered into by the department that represent delinquent taxes shall be remitted to the county treasurer of the county to which the net taxable value of the property is allocated for distribution to the governmental units. Amounts collected that represent penalties, interest and costs shall be retained by the department in accordance with Section 7-38-71 NMSA 1978. Money collected shall be remitted at the times and in the manner required by regulations of the department of finance and administration. When the department has received payment in full of delinquent taxes, penalties, interest and costs paid under an installment agreement, the department shall notify the county treasurer of that fact, and the county treasurer shall make an entry on the property tax schedule indicating that the delinquent property taxes, penalties and interest have been paid.
Amendment history
1953 Comp., § 72-31-69, enacted by Laws 1973, ch. 258, § 109; 1985, ch. 109, § 11; 1990, ch. 22, § 9; 1995, ch. 12, § 13.
Source: official source (NMSA chapter on nmonesource.com)
In this article (40 sections)
- 7-38-50 · Delinquent taxes; civil penalties
- 7-38-51 · 7-38-51
- 7-38-52 · 7-38-52
- 7-38-53 · 7-38-53
- 7-38-54 · Demand warrant; contents
- 7-38-55 · Surrender of personal property; penalty for refusal
- 7-38-56 · Release of personal property seized
- 7-38-57 · Notice of sale of personal property
- 7-38-58 · Personal property sale requirements
- 7-38-59 · Certificates of sale; effect of certificates of sale
- 7-38-60 · Notification to property owner of delinquent taxes
- 7-38-61 · 7-38-61
- 7-38-62 · 7-38-62
- 7-38-63 · 7-38-63
- 7-38-64 · Repealed
- 7-38-65 · 7-38-65
- 7-38-66 · Sale of real property for delinquent taxes; notice of sale
- 7-38-67 · Real property sale requirements
- 7-38-67.1 · 7-38-67.1
- 7-38-68 · Installment agreements
- 7-38-69 · 7-38-69
- 7-38-70 · 7-38-70
- 7-38-71 · Distribution of amounts received from sale of property
- 7-38-72 · 7-38-72
- 7-38-73 · 7-38-73
- 7-38-74 · 7-38-74
- 7-38-75 · Exception to property tax due date
- 7-38-76 · 7-38-76
- 7-38-77 · 7-38-77
- 7-38-77.1 · 7-38-77.1
- 7-38-78 · 7-38-78
- 7-38-79 · 7-38-79
- 7-38-80 · 7-38-80
- 7-38-81 · 7-38-81
- 7-38-81.1 · 7-38-81.1
- 7-38-82 · 7-38-82
- 7-38-83 · Timeliness
- 7-38-84 · Notices; mailing
- 7-38-85 · Extension of deadlines; general provision
- 7-38-86 · Extension of deadlines at request of property owners