N.M. Admin. Code § 5.7.26.9
Current through Register Vol. 35, No. 21, November 5, 2024
No eligible borrower or any related person thereto within the meaning of Section 144 (a) (3) of the Internal Revenue Code of 1986, as amended, shall purchase, pursuant to any arrangement, formal or informal, any notes, bonds or any other obligations of the foundation in an amount related to such eligible borrower's financed student loans.
N.M. Admin. Code § 5.7.26.9