New Mexico Statutes 7-9-61.2. Deduction; receipts from sales to state-chartered credit unions
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Receipts from selling tangible personal property to credit unions chartered under the provisions of the Credit Union Act [N.M. Stat. Ann. Chapter 58, Article 11] are deductible to the same extent that receipts from the sale of tangible personal property to federal credit unions may be deducted pursuant to the provisions of Section 7-9-54 N.M. Stat. Ann..
Terms Used In New Mexico Statutes 7-9-61.2
- Personal property: All property that is not real property.