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..

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In New Mexico Statutes 7-9-61.2

  • Personal property: All property that is not real property.