New Mexico Administrative Code
Title 3 - TAXATION
Chapter 1 - TAX ADMINISTRATION
Part 11 - PENALTIES
Section 3.1.11.16 - DEFINITION OF BAD CHECK
Universal Citation: 3 NM Admin Code 3.1.11.16
Current through Register Vol. 35, No. 6, March 26, 2024
A bad check is a check or draft to the order of the department which the bank, as drawee, dishonors upon presentment by the department. "Dishonor" means the bank refuses to pay the amount of the check to the order of the department. The burden is on the taxpayer to prove that the taxpayer was not responsible for the bank's dishonoring of the check. "Bank" includes any financial institution upon which a check or draft is drawn.
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