2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 37: Insurance Holding Companies, 59A-37-1 through 59A-37-28
Section 59A-37-12: Registration; information; form.

59A-37-12. Registration; information; form.

Every insurer subject to registration shall file a registration statement on a form provided by the superintendent, which shall contain current information about:

A. the capital structure, general financing condition, ownership and management of the insurer and any person controlling the insurer;

B. the identity of every member of the insurance holding company system;

C. the following agreements in force, relationships subsisting and transactions currently outstanding between such insurer and its affiliates:

(1) loans, other investments or purchases, sales or exchanges of securities of the affiliates by the insurer or of the insurer by its affiliates;

(2) purchases, sales or exchanges of assets;

(3) transactions not in the ordinary course of business;

(4) guarantees or undertakings for the benefit of an affiliate which result in an actual contingent exposure of the insurer's assets to liability, other than insurance contracts entered into in the ordinary course of the insurer's business;

(5) all management and service contracts and all cost-sharing arrangements;

(6) reinsurance agreements;

(7) dividends and other distributions to shareholders; and

(8) consolidated tax allocation agreements;

D. any pledge of the insurer's stock, including stock of any subsidiary or controlling affiliate, for a loan made to any member of the insurance holding company system; and

E. other matters concerning transactions between registered insurers and any affiliates as may be included from time to time in any registration forms adopted or approved by the superintendent.