The state shall not be liable for financial losses suffered by any account owner, or designated beneficiary, with respect to an account established pursuant to the Accounts for Persons with Disabilities Act.
History: Laws 2016, ch. 40, § 9.
ANNOTATIONSEmergency clauses. — Laws 2016, ch. 40, § 11 contained an emergency clause and was approved March 3, 2016.
Compiler's notes. Section 6-8A-8 NMSA 1978 was not enacted as part of the Accounts for Persons with Disabilities Act, but was compiled there for the convenience of the user.
Applicability. — Laws 2016, ch. 40, § 10 provided that the provisions of Laws 2016, ch. 40 apply to taxable years beginning on or after January 1, 2016.