N.M. Admin. Code § 3.2.209.7

Current through Register Vol. 35, No. 21, November 5, 2024

Section 3.2.209.7 - INGREDIENT OR COMPONENT PART DEFINED

To be an "ingredient or component part" as used in Section 7-9-51 NMSA 1978 the tangible property must be an intended part of the finished project. The finished project is the end product of construction.

N.M. Admin. Code § 3.2.209.7

12/5/69, 3/9/72, 11/20/72, 3/20/74, 7/26/76, 6/18/79, 4/7/82, 5/4/84, 4/2/86, 11/26/90, 11/15/96; 3.2.209.7 NMAC - Rn, 3 NMAC 2.51.7 & A, 5/31/01