There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 44: Fraternal Benefit Societies, 59A-44-1 through 59A-44-46
Section 59A-44-24: Taxation.
NM Stat § 59A-44-24 (1996 through 1st Sess 50th Legis) What's This?
59A-44-24. Taxation.
Every society organized or licensed under Chapter 59A, Article 44 NMSA 1978 is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal and school tax other than taxes on real estate and office equipment.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
