State Codes and Statutes
Statutes > New-mexico > Chapter-7 > Article-38 > Section-7-38-77-38-7. Valuation date.
All property subject to valuation for property taxation purposes shall be valued as of January 1 of each tax year, except that livestock shall be valued as of the date and in the manner prescribed under Section 7-36-21 NMSA 1978 and tangible personal property of construction contractors shall be valued as of the date and in the manner prescribed under Section 1 [7-38-7.1 NMSA 1978] of this act.
