New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 20 - ACCOUNTING BY GOVERNMENTAL ENTITIES
Part 7 - GOVERNING THE AUTOMATIC DIRECT DEPOSIT OF STATE EMPLOYEES' SALARY AND WAGES
Section 2.20.7.8 - LIMITATIONS ON DIRECT DEPOSIT ACCOUNTS
Universal Citation: 2 NM Admin Code 2.20.7.8
Current through Register Vol. 35, No. 18, September 24, 2024
A. A state employee may only have one direct deposit account at a time.
B. A state employee must own, in whole or in part, the direct deposit account designated by the state employee.
C. One hundred percent of the state employee's net salary and wages must be deposited into the direct deposit account designated by the state employee.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
