Transactions exempt from premium tax.

  1. Law
  2. New Mexico Statutes
  3. Insurance Code
  4. Service Contract Regulation
  5. Transactions exempt from premium tax.

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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.

History: Laws 2001, ch. 206, § 7.

ANNOTATIONS

Cross references. — For exemption of the Service Contract Regulation Act, see 59A-58-7 NMSA 1978.

Effective dates. — Laws 2001, ch. 206, § 20 made Laws 2001, ch. 206, § 7 effective July 1, 2002.


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