N.M. Admin. Code § 2.60.2.15
Current through Register Vol. 35, No. 23, December 10, 2024
All state fund deposit accounts should be placed in interest bearing accounts when feasible. All state agencies maintaining demand deposit accounts are encouraged to establish interest bearing accounts whenever possible. A written explanation as to why the account is not in an interest bearing account will be required by the cash manager.
N.M. Admin. Code § 2.60.2.15