NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-5A-8
Limited binding and beneficial effect
# A.
The agreement binds and benefits only this state and other member states. Only a member state is an intended beneficiary of the agreement. A benefit to a person other than a member state is established by the law of this state and member states and not by the terms of the agreement.
# B.
A person shall not:
# (1)
have a cause of action or a defense pursuant to the agreement; and
# (2)
challenge an action or inaction of a department, agency, political subdivision or instrumentality of this state on the grounds that the action or inaction is not consistent with the agreement.
# C.
A law of this state or the application of the law is valid despite the inconsistency of the law or its application with the agreement.
Amendment history
Laws 2005, ch. 225, § 8.
Source: official source (NMSA chapter on nmonesource.com)
In this article (9 sections)
- 7-5A-1 · Short title
- 7-5A-2 · Legislative findings
- 7-5A-3 · Definitions
- 7-5A-4 · Authority to enter agreement
- 7-5A-5 · Relationship to state law
- 7-5A-6 · Agreement requirements
- 7-5A-7 · Member states
- 7-5A-8 · Limited binding and beneficial effect
- 7-5A-9 · Liability