New Mexico Statutes

§ 22-11-50 — Alternative retirement plan; tax treatment

New Mexico § 22-11-50
JurisdictionNew Mexico
Ch. 22Public Schools
Art. 11Educational Retirement

This text of New Mexico § 22-11-50 (Alternative retirement plan; tax treatment) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 22-11-50 (2026).

Text

The board shall have the authority to determine whether the alternative retirement plan shall be qualified under Section 401(a) or 403(a) of the Internal Revenue Code of 1986, as amended, and shall make that determination based upon which choice is most advantageous to the participants as a whole.

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Legislative History

1978 Comp., § 22-11-50, enacted by Laws 1991, ch. 118, § 8.

Nearby Sections

15
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Bluebook (online)
New Mexico § 22-11-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/22/22-11-50.