NMSA 1978, § 7-31-9 — 7-31-9

Operator or purchaser to withhold interest owner's tax;
department may require withholding of tax; tax withheld to be
remitted to the state; operator or purchaser to be reimbursed.

# A.

Any operator making a monetary payment to an interest owner for the interest
owner's portion of the value of products from a production unit shall withhold from such
payment the amount of tax due from any interest owner.

# B.

Any purchaser who, by express or implied agreement with the operator, makes a
monetary payment to an interest owner for the interest owner's portion of the value of
products from a production unit shall withhold from such payment the amount of tax due
from the interest owner.

# C.

The department may require any purchaser making a monetary payment to an
interest owner for the interest owner's portion of the value of products from a production
unit to withhold from such payment the amount of tax due from the interest owner.

# D.

Any operator or purchaser who pays any tax due from an interest owner shall be
entitled to reimbursement from the interest owner for the tax so paid and may take
credit for such amount from any monetary payment to the interest owner for the value of
products.