N.M. Stat. § 7-1-51

Current through 2024, ch. 69
Section 7-1-51 - Proceeds of levy and sale
A. Money realized by levy or sale under provision of the Tax Administration Act shall be first applied against the expenses of the proceedings;
B. The amount, if any, remaining shall then be applied to the liability for tax in respect of which the levy was made; and
C. The balance, if any, remaining shall be returned to a person legally entitled thereto.

NMS § 7-1-51

1953 Comp., § 72-13-65, enacted by Laws 1965, ch. 248, § 53.