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Section 73-7-33 - [Disposition of unsold lands.]

NM Stat § 73-7-33 (2019) (N/A)
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In any case where the lands are offered for sale, pursuant to such foreclosure proceedings, and there is no bid upon any tract or parcel of land, such unsold lands may be disposed of by the drainage commissioners at public or private sale at such price and upon such terms as the court may direct, subject to the right of redemption as herein provided.

History: Laws 1927, ch. 131, § 9; C.S. 1929, § 40-409; 1941 Comp., § 77-1933; 1953 Comp., § 75-20-33.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

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Section 73-7-32 - [Proceedings brought by bondholders; liability for costs and fees.]
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Section 73-7-34 - Lands worth less than accumulated taxes and assessments; sale for best obtainable price; redemption; disposition of proceeds.