Chapter 58, Article 30 NMSA 1978 may be cited as the "Individual Development Account Act".
History: Laws 2003, ch. 362, § 1; 2006, ch. 96, § 1; 2007, ch. 349, § 1.
The 2007 amendment, effective July 1, 2007, changes the title of the act.
The 2006 amendment, effective July 1, 2006, changes the short title to Chapter 58, Article 30 of the NMSA 1978 and changes the name of the act from "Individual Development Account Act" to "Family Opportunity Accounts Act".
Structure New Mexico Statutes
Chapter 58 - Financial Institutions and Regulations
Article 30 - Individual Development Account
Section 58-30-1 - Short title.
Section 58-30-2 - Definitions.
Section 58-30-3 - Individual development accounts.
Section 58-30-4 - Eligible individuals.
Section 58-30-5 - Responsibilities of the department.
Section 58-30-6 - Individual development account council.
Section 58-30-7 - Administration of individual development account programs.
Section 58-30-9 - Approval of individual development account programs.
Section 58-30-10 - Termination of individual development account programs.
Section 58-30-12 - Account funds disregarded for purposes of certain means-tested programs.