2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 45: Premium Financing, 59A-45-1 through 59A-45-16
Section 59A-45-7: Form of premium finance agreement.
59A-45-7. Form of premium finance agreement.
A premium finance agreement shall:
A. comply with all existing federal laws;
B. comply with any requirements established by the superintendent by way of rule or regulation; and
C. contain a statement that the Insurance Premium Financing Law [Chapter 59A, Article 45 NMSA 1978] does not require a person to enter into an insurance premium financing agreement as a condition of the purchase of any insurance policy.
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