{"data":{"id":"us-nm/10-7a-2","jurisdiction":"us-nm","citation":"10-7A-2","heading":"Definitions.","body":"As used in the Deferred Compensation Act:\nA. \"board\" means the public employees retirement board;\nB. \"local public body\" means all political subdivisions of the state, their agencies, instrumentalities and institutions;\nC. \"local public employee\" means any officer or employee to whom a local public body pays a salary for services rendered;\nD. \"deferred compensation carriers\" means any corporation, partnership or persons providing administrative, recordkeeping or investment consulting services to participants in deferred compensation plans pursuant to funding agreements; and\nE. \"state employee\" means any officer or employee to whom the state pays a salary for services rendered.","path":["Chapter 10 - Public Officers and Employees","ARTICLE 7A Deferred Compensation"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18510/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"583f79c718f98da99b3316121835ad43ee8db9fd6fad7ed1b64517ddcdb388a3","source_id":"us-nm","stale":false,"prev":"us-nm/10-7a-1","next":"us-nm/10-7a-3"},"notice":"GroundRules: Original legal text. Not legal advice."}