{"data":{"id":"us-nm/7-9-24","jurisdiction":"us-nm","citation":"7-9-24","heading":"Exemption; gross receipts tax; insurance companies.","body":"Exempted from the gross receipts tax are the receipts of insurance companies or any agent thereof from premiums and any consideration received by a property bondsman, as that person is defined in Section 59A-51-2 NMSA 1978, as security or surety for a bail bond in connection with a judicial proceeding.","path":["Chapter 7 - Taxation","ARTICLE 9 Gross Receipts and Compensating Tax"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"ab46931224b0a9a8a5e8a6d719de860518961e2138eaf03d79ea0704ea18ca33","source_id":"us-nm","stale":false,"prev":"us-nm/7-9-23.1","next":"us-nm/7-9-25"},"notice":"GroundRules: Original legal text. Not legal advice."}