There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 51: Unemployment Compensation
Article 1: Unemployment Compensation, 51-1-1 through 51-1-59
Section 51-1-41: Nonliability of state.
NM Stat § 51-1-41 (1996 through 1st Sess 50th Legis) What's This?
51-1-41. Nonliability of state.
Benefits shall be deemed to be due and payable under the Unemployment Compensation Law [51-1-1 NMSA 1978] only to the extent provided in that act and to the extent that money is available therefor to the credit of the unemployment compensation fund, and neither the state nor the department shall be liable for any amount in excess of such sums.
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