N.M. Stat. § 63-1-20
This is the official text of N.M. Stat. § 63-1-20, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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§ 63-1-20. Assessment remaining unpaid; requirements for new levy
Official statutory text
No assessment shall be levied while any portion of a previous one remains unpaid, unless:
A. the power of the corporation has been exercised in accordance with the provisions of this chapter, for the purpose of collecting such previous assessment;
B. the collection of the previous assessment has been enjoined; or
C. the assessment falls within the first proviso contained in the preceding section.
A. the power of the corporation has been exercised in accordance with the provisions of this chapter, for the purpose of collecting such previous assessment;
B. the collection of the previous assessment has been enjoined; or
C. the assessment falls within the first proviso contained in the preceding section.
Status: in_force
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