New Mexico Statutes Chapter 7. Taxation § 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  1 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.