Section 7-2C-7 – Suspense account.
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. History: Laws 1985, ch. 106, § 7; 1994, ch. 56, § 4. ANNOTATIONS The 1994 amendment, […]
Section 7-2C-8 – Interest becomes obligation of claimant agency.
Once a transfer is made by the department pursuant to Subsection H of Section 7-2C-6 NMSA 1978, notwithstanding any other provision of law to the contrary, the department, except in its capacity as a claimant agency, is not obligated in any manner for the payment of interest to the debtor or to the claimant agency […]
Section 7-2C-9 – Administrative hearing required of claimant agency; department exempted.
A. The claimant agency shall provide notice and opportunity for hearing, consistent with due process, as required by Subsections F and G of Section 7-2C-6 NMSA 1978. B. Notwithstanding any other provision of law, the department, except in its capacity as a claimant agency, is not obligated to grant, and will not grant, a hearing […]
Section 7-2C-1 – Short title.
Chapter 7, Article 2C NMSA 1978 may be cited as the “Tax Refund Intercept Program Act”. History: Laws 1985, ch. 106, § 1; 1993, ch. 30, § 12. ANNOTATIONS The 1993 amendment, effective June 18, 1993, substituted “Chapter 7, Article 2C NMSA 1978” for “This act”. Am. Jur. 2d, A.L.R. and C.J.S. references. — 71 […]