New Mexico § 7-5A-8 Limited binding and beneficial effect

New Mexico Statutes

§ 7-5A-8 — Limited binding and beneficial effect

New Mexico § 7-5A-8

Ch. 7Taxation

Art. 5AStreamlined Sales and Use Tax Administration

This text of New Mexico § 7-5A-8 (Limited binding and beneficial effect) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 7-5A-8 (2026).

Text

A. The agreement binds and benefits only this state and other member states. Only a member state is an intended beneficiary of the agreement. A benefit to a person other than a member state is established by the law of this state and member states and not by the terms of the agreement. B. A person shall not:

(1)have a cause of action or a defense pursuant to the agreement; and (2) challenge an action or inaction of a department, agency, political subdivision or instrumentality of this state on the grounds that the action or inaction is not consistent with the agreement. C. A law of this state or the application of the law is valid despite the inconsistency of the law or its application with the agreement.

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A. The agreement binds and benefits only this state and other member states. Only a member state is an intended beneficiary of the agreement. A benefit to a person other than a member state is established by the law of this state and member states and not by the terms of the agreement. B. A person shall not: (1) have a cause of action or a defense pursuant to the agreement; and (2) challenge an action or inaction of a department, agency, political subdivision or instrumentality of this state on the grounds that the action or inaction is not consistent with the agreement. C. A law of this state or the application of the law is valid despite the inconsistency of the law or its application with the agreement.