§ 7-2D-1 Short title
§ 7-2D-2 Definitions
§ 7-2D-4 Additional definition; qualified diversifying business stock
§ 7-2D-5 Additional definition; qualified diversifying business
§ 7-2D-6 Additional definition; active manufacturing business
§ 7-2D-7 Additional definition; New Mexico business
§ 7-2D-8 Additional definition; successful business
§ 7-2D-9 Special rules for options, warrants and certain convertible investments
§ 7-2D-10 Certain tax-free and other transfers
§ 7-2D-11 Stock exchanged for property
§ 7-2D-12 Pass-thru entities
§ 7-2D-13 Election
§ 7-2D-14 Administration of act
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Terms Used In New Mexico Statutes > Chapter 7 > Article 2D - Venture Capital Investments

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.