N.M. Admin. Code § 11.3.100.104

Current through Register Vol. 35, No. 21, November 5, 2024
Section 11.3.100.104 - DE MINIMIS AMOUNTS
A. Money owed by the department to individuals or entities which amounts are equal to or less than the combined total amount of $5.00 in any quarter shall be retained on the department's books as a credit to that individual, entity or account, but no check or payment shall be issued absence a specific request by the party to whom the credit is due.
B. Money owed by individuals or entities to the department which amounts are equal to or less than the combined total amount of $20.00 will not be billed or invoiced or liens issued, but the amounts due shall be retained on the department's books as a debit owing by that individual, entity or account.

N.M. Admin. Code § 11.3.100.104

7-15-98; 11.3.100.104 NMAC - Rn & A, 11 NMAC 3.100.104, 01-01-2003; 11.3.100.104 NMAC - Rn & A, 11.3.100.107 NMAC, 11-15-2012