N.M. Stat. § 4-55A-25

Current through 2024, ch. 69
Section 4-55A-25 - Improvement district; title subject to redemption vests in trustee

Upon the acceptance or purchase of the tract or parcel of land as provided in Sections4-55A-23 and 4-55A-24 NMSA 1978, title to the tract or parcel of land, subject to the right of redemption provided by Subsection A of Section 4-55A-26 NMSA 1978, vests in the trustee of the fund from which the assignable certificates or bonds are payable.

NMS § 4-55A-25

Laws 1980, ch. 91, § 25; 1991, ch. 199, § 47.