Any interest charged and collected by a financial institution for extending a loan to the commission is exempt from all taxes imposed by the state and its political subdivisions. History: Laws 1989, ch. 26, § 6.
New Mexico Legal Code
Any interest charged and collected by a financial institution for extending a loan to the commission is exempt from all taxes imposed by the state and its political subdivisions. History: Laws 1989, ch. 26, § 6.