The magnetic moment $\mu$ for the oxidation state of an element can be calculated using the formula:
\[
\mu = \sqrt{n(n+2)} \, {BM}
\]
where \( n \) is the number of unpaired electrons. For \( \sqrt{5} \) BM, solving for \( n \):
\[
\sqrt{n(n+2)} = \sqrt{5} \quad \Rightarrow \quad n(n+2) = 5
\]
\[
n^2 + 2n - 5 = 0
\]
Solving the quadratic equation gives \( n = 1 \), which corresponds to an oxidation state of \( x = 4 \) for M.