There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 23B: Minimum Healthcare Protection, 59A-23B-1 through 59A-23B-12
Section 59A-23B-9: Premium tax exemption.
NM Stat § 59A-23B-9 (1996 through 1st Sess 50th Legis) What's This?
59A-23B-9. Premium tax exemption.
Notwithstanding any provision of the Insurance Code, the premium from each policy or plan issued or offered shall be exempt from premium tax during the first three years of the issuance of the master policy or individual policy.
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