Individual Development Account

  1. Law
  2. New Mexico Statutes
  3. Financial Institutions and Regulations
  4. Individual Development Account

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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
58-30-8

Allowable uses; withdrawals from individual development accounts; forfeiture of matching funds from reserve account; loss of eligible individual status.

Section
58-30-9

Approval of individual development account programs.

Section
58-30-10

Termination of individual development account programs.

Section
58-30-11

Reporting.

Section
58-30-12

Account funds disregarded for purposes of certain means-tested programs.

Section
58-30-13

Individual development fund created.