New Mexico Statutes 3-64-5. Expiration of exemption; action of assessor
Current as of: 2024 | Check for updates
|
Other versions
An exemption granted under Section 3-64-3 N.M. Stat. Ann. shall automatically terminate on the last day of the property tax year in which it expires pursuant to the exemption resolution or on the last day of the property tax year in which a new business facility ceases commercial operations, whichever occurs first.