N.M. Admin. Code § 5.7.30.6
Current through Register Vol. 36, No. 1, January 14, 2025
The Education Trust Board is responsible for developing and administering a college savings program under the Education Trust Act in a manner that allows account owners and beneficiaries to obtain and maintain federal tax benefits or treatment provided by the Internal Revenue Code for qualified state tuition programs and exemptions under federal securities laws. The promulgation of these rules is intended to inform the public and provide an orderly procedure to accomplish the board's responsibilities as provided by law.
N.M. Admin. Code § 5.7.30.6