N.M. Admin. Code § 8.50.114.9

Current through Register Vol. 35, No. 21, November 5, 2024

Section 8.50.114.9 - FREEZE ORDER

A. An obligor who has been on wage withholding for at least six months or who has made all payments (voluntary) for the last 12 months is exempt from this process.

B. Issuance and effect: When a match occurs showing the existence of an obligor's assets in an amount of more than $2,000, the Title IV-D agency may issue an administrative freeze order to the financial institution. Account funds shall not be released by the financial institution during the pendency of proceedings involving a freeze order. The financial institution shall send a copy of the notice of lien to the obligor and to all persons listed on the account by certified mail within three business days after the notice of lien is received by the financial institution. The institution shall reply within 10 days on the form provided by the Title IV-D agency.

C. Right to appeal: The notice of lien shall notify the obligor that the obligor has 15 days from the date of the notice to contest or appeal the freeze.

N.M. Admin. Code § 8.50.114.9

8.50.114.9 NMAC - Rp, 8.50.114.9 NMAC, 12/30/10, Amended by New Mexico Register, Volume XXXII, Issue 23, December 14, 2021, eff. 1/1/2022