GroundRules
← Search the law
New Mexico · Through 2026-07-01

16-5-12: Tax exemption of interest charged on loan.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 16 - Parks, Recreation and Fairs
  2. ARTICLE 5 Cumbres and Toltec Scenic Railroad

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.

Collected 2026-09-03T15:02:19Z. Source file · JSON

Browse this collection