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Improvement district; title subject to redemption vests in trustee

NMSA 1978, § 4-55A-25
in effect
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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 Sections 4-55A-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. Laws 1980, ch. 91, § 25; 1991, ch. 199, § 47.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18505/index.do#!b/4-55A-25Fetched: 10/20/2026

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