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. History: Laws 1980, ch. 91, § 25; 1991, ch. 199, § 47.
Improvement district; title subject to redemption vests in
NMSA 1978, § 4-55A-25 — under Article 55A.
NMSA 1978, § 4-55A-25