N.M. Admin. Code § 2.79.1.9

Current through Register Vol. 35, No. 21, November 5, 2024

Section 2.79.1.9 - RESPONSIBILITIES OF THE ADVISORY COMMITTEE

Pursuant to the act and these rules, the advisory committee shall provide oversight of the administration of individual development account programs operated by program administrators and subject to the act and these rules, suggest possible changes that benefit account owners or improve the effectiveness of the individual development account programs throughout the state.

A. The advisory committee shall meet at least two times in a calendar year to review the implementation of the act and these rules.

B. The advisory committee members are appointed by the governor and consist of the lieutenant governor and eight members to represent the state geographically. The director or his designee serves as an ex-officio member of the advisory committee.

N.M. Admin. Code § 2.79.1.9

2.79.1.9 NMAC - N, 4/29/2005