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§ 7-2C-7 NMSA 1978

Suspense account

Known as the Tax Refund Intercept Program Act

The act spans §§ 7-2C-1 to 7-2C-9 (14 sections).

Laws 1985, ch. 106, § 7; 1994, ch. 56, § 4.

Upon receipt of money transferred from the department pursuant to Subsection H of Section 7-2C-6 NMSA 1978, the claimant agency shall deposit and hold the money in the suspense account until a final determination of the setoff is made.

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.