N.M. Admin. Code § 3.1.11.16
Current through Register Vol. 35, No. 24, December 23, 2024
A bad check is a check or draft to the order of the department which the bank, as drawee, dishonors upon presentment by the department. "Dishonor" means the bank refuses to pay the amount of the check to the order of the department. The burden is on the taxpayer to prove that the taxpayer was not responsible for the bank's dishonoring of the check. "Bank" includes any financial institution upon which a check or draft is drawn.
N.M. Admin. Code § 3.1.11.16