New Mexico Statutes
§ 7-9-27 — Exemption; compensating tax; personal effects
New Mexico § 7-9-27
This text of New Mexico § 7-9-27 (Exemption; compensating tax; personal effects) 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. § 7-9-27 (2026).
Text
Exempted from the compensating tax is the use by an individual of personal or household effects brought into the state in connection with the establishment by him of an initial residence in this state and the use of property brought into the state by a nonresident for his own nonbusiness use while temporarily within this state.
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Legislative History
1953 Comp., § 72-16A-12.15, enacted by Laws 1969, ch. 144, § 20.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-9-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-27.