N.M. Stat. § 63-1-20
§ 63-1-20. Assessment remaining unpaid; requirements for new levy
Year: 2026Length: 64 words
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.