N.M. Stat. § 7-2D-12
§ 7-2D-12. Pass-thru entities
Year: 2026Length: 56 words
For purposes of the Venture Capital Investment Act, any gain or loss of a pass-thru entity that is treated for purposes of that act as a gain or loss of any person holding an interest in that entity shall retain its character as qualified diversifying business capital gain or loss in the hands of that person.