New Mexico Administrative Code
Title 2 - PUBLIC FINANCE
Chapter 85 - DEFERRED COMPENSATION
Part 100 - GENERAL PROVISIONS
Section 2.85.100.9 - ADOPTION OF PLAN
Universal Citation: 2 NM Admin Code 2.85.100.9
Current through Register Vol. 35, No. 6, March 26, 2024
In accordance with the Deferred Compensation Act, the board shall adopt and amend a deferred compensation plan. The plan shall comply with the requirements of Internal Revenue Code Section 457, as amended, and may be amended to include provisions that allow for trustee-to-trustee transfers and rollovers into and out of the plan.
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