NMSA 1978, § 7-1-12.1 — 7-1-12.1

Department to designate production unit; index;
identification by number or symbol.

# A.

The department shall have the power to designate the property that shall
constitute a production unit; provided, a production unit shall be a unit of property from
which products of common ownership are severed.

# B.

The department shall compile and keep current an index of all production units
by description sufficient to properly identify such production units.

# C.

The department shall assign to each production unit a number or symbol, and the
number or symbol shall serve as a means of identification for the purpose of reporting,
tax payment and tax collection of the taxes administered by the department.