{"data":{"id":"us-nm/7-1-56","jurisdiction":"us-nm","citation":"7-1-56","heading":"Sale of or proceedings against security.","body":"If liability for any tax for the payment of which security has been furnished becomes conclusive, the department may:\nA. redeem for cash or, as specified in the Tax Administration Act for sale of property levied upon, sell such security; or\nB. compel the surety directly to discharge the liability for payment of the principal debtor by serving demand upon him therefor.","path":["Chapter 7 - Taxation","ARTICLE 1 Administration"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"94bfed84955762d1249dbb54e2eef5ac2c9bfcac5d7bc62eb50f1e352865ff97","source_id":"us-nm","stale":false,"prev":"us-nm/7-1-55","next":"us-nm/7-1-57"},"notice":"GroundRules: Original legal text. Not legal advice."}