NMSA 1978 Chapter 7 — Taxation
NMSA 1978, § 7-2C-7
Suspense account
Official textnmonesource.comlast amended
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.
Amendment history
Laws 1985, ch. 106, § 7; 1994, ch. 56, § 4.
Source: official source (NMSA chapter on nmonesource.com)
In this article (14 sections)
- 7-2C-1 · Short title
- 7-2C-2 · Purpose
- 7-2C-3 · Definitions
- 7-2C-4 · Remedy additional
- 7-2C-5 · Department to aid in collection of debts through setoff
- 7-2C-6 · Procedures for setoff; notifications to debtor
- 7-2C-7 · Suspense account
- 7-2C-8 · Interest becomes obligation of claimant agency
- 7-2C-9 · 7-2C-9
- 7-2C-10 · Final determination and notice of setoff
- 7-2C-11 · Priority of claims
- 7-2C-12 · Administrative costs; charges appropriated to department
- 7-2C-13 · Confidentiality; exemption
- 7-2C-14 · Repealed