N.M. Admin. Code § 8.106.510.8
Current through Register Vol. 36, No. 1, January 14, 2025
To be eligible, the value of all countable personal and real property, belonging to or considered as belonging to or considered available to the benefit group, shall not exceed the liquid or non-liquid resource limits. Total resources that exceed the liquid or non-liquid resource limit result in benefit group ineligibility unless the nature of the property or an express condition of its ownership prohibits its transfer. Resources are evaluated based upon their equity value.
N.M. Admin. Code § 8.106.510.8