Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 2C - Tax Refund Intercept Program, 7-2C-1 through 7-2C-14. > Section 7-2C-7 - Suspense account.

Section 7-2C-7 - Suspense account.

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.