The premium tax imposed pursuant to Chapter 59A, Article 6 NMSA 1978 does not apply to any business transacted pursuant to the provisions of the Service Contract Regulation Act.
§ 59A-58-7 NMSA 1978
Transactions exempt from premium tax
Known as the Service Contract Regulation Act
The act spans §§ 59–59 (19 sections).
Laws 2001, ch. 206, § 7.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.