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2013 New Mexico Statutes
Chapter 59A - Insurance Code
Article 16 - Trade Practices and Frauds
Section 59A-16-25 - Knowledge of insurer of prohibited acts. (1984)


NM Stat § 59A-16-25 (2013) What's This?

59A-16-25. Knowledge of insurer of prohibited acts. (1984) 
An insurer shall be held guilty of having committed any of the acts prohibited by this article by reason of the act of any agent, solicitor or employee not an officer, director or department head thereof, if an officer, director or department head of the insurer has authorized or knowingly permitted such act or has had prior knowledge thereof.   
  History: Laws 1984, ch. 127, § 292. 

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