New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 50 - CHILD SUPPORT ENFORCEMENT PROGRAM
Part 111 - GENERAL ENFORCEMENT OF SUPPORT OBLIGATIONS
Section 8.50.111.10 - INTEREST CALCULATIONS
Universal Citation: 8 NM Admin Code 8.50.111.10
Current through Register Vol. 35, No. 18, September 24, 2024
The Title IV-D agency calculates interest in accordance with:
A. New Mexico law regarding the accrual of interest on support obligations is applied to New Mexico support orders; and
B. the interest rules of the issuing state (state that issued the order) apply when New Mexico registers a foreign support order; the initiating state (state requesting registration of a foreign support order) is responsible for providing an accurate audit to include interest, as appropriate.
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