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Section 13-1-88 - Definition; small business — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 13-1-88 - Definition; small business

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'Small business' means a business, not a subsidiary or division of another business, having an average annual volume for the preceding three fiscal years which does not exceed one million five hundred thousand dollars ($1,500,000). History: Laws 1984, ch. 65, § 61.