A participant may establish an individual development account pursuant to the Individual Development Account Act [ 58-30-1 NMSA 1978].
§ 27-2B-10 NMSA 1978
Individual development accounts
Known as the New Mexico Works Act
The act spans §§ 27-2B-1 to 27-2B-9 (23 sections).
Laws 1998, ch. 8, § 10 and Laws 1998, ch. 9, § 10; 2003, ch. 362, § 14; 2006, ch. 96, § 16; 2007, ch. 349, § 16.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.