NMSA 1978, § 7-9-61.2 — 7-9-61.2

Deduction; receipts from sales to state-chartered credit
unions.
Receipts from selling tangible personal property to credit unions chartered under the
provisions of the Credit Union Act [Chapter 58, Article 11 NMSA 1978] are deductible to
the same extent that receipts from the sale of tangible personal property to federal
credit unions may be deducted pursuant to the provisions of Section 7-9-54 NMSA
1978.