Unless required by federal law, the state or an agency or instrumentality of the state shall not:

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In New Mexico Statutes 6-8A-6

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC

A. seek payment from an account or its proceeds for benefits provided to the beneficiary of the account pursuant to 26 U.S.C. § 529A; or

B. undertake estate recovery from an account pursuant to 26 U.S.C. § 529A.