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2013 New Mexico Statutes
Chapter 59A - Insurance Code
Article 22 - Health Insurance Contracts
Section 59A-22-27 - Third party ownership. (1984)


NM Stat § 59A-22-27 (2013) What's This?

59A-22-27. Third party ownership. (1984) 
The word "insured" as used in this article shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.   
  History: Laws 1984, ch. 127, § 448. 

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