NMSA 1978, § 7-7-17 — Payment of estate tax in works of art

A decedent's estate may pay all or part of any tax owed by the decedent's estate to
the state by payment in the form of one or more works of art in the manner provided by
the Art Acceptance Act [7-7-15 to 7-7-20 NMSA 1978], provided:

# A.

the decedent has so directed by a will; or

# B.

in the absence of a direction in the decedent's will, the personal representative
finds that this method of payment is advantageous to the estate.