2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 2: Insurance Division, 59A-2-1 through 59A-2-16
Section 59A-2-8: General powers, duties of superintendent.


NM Stat § 59A-2-8 (1996 through 1st Sess 50th Legis) What's This?

59A-2-8. General powers, duties of superintendent.

The superintendent shall:

A. organize and manage the insurance department and direct and supervise all its activities;

B. execute the duties imposed upon him by the Insurance Code;

C. enforce those provisions of the Insurance Code which are administered by him;

D. have the powers and authority expressly conferred by or reasonably implied from the provisions of the Insurance Code;

E. conduct such examinations and investigations of insurance matters, in addition to those expressly authorized, as he may deem proper upon reasonable and probable cause to determine whether any person has violated any provision of the Insurance Code or to secure information useful in the lawful enforcement or administration of any such provision; and

F. have such additional powers and duties as may be provided by other laws of this state.

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