N.M. Stat. § 73-16-26
Bond of county treasurer.
Before receiving the assessment records, the treasurer of each county into which
the district extends, shall furnish a corporate surety company bond, at the expense of
the district, executed to the district, in a sum not less than the probable amount to be
collected by him for the district during any one year, conditioned that said treasurer shall
as hereinbefore provided pay over and account for all assessments so collected by him.
Said bond after approval by the board shall be deposited with the clerk who shall
produce the same for inspection and use as evidence whenever and wherever lawfully
required so to do.