2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 49 Prearranged Funeral Plans
Section 59A-49-5 Restrictions on persons, places for sale of funeral plans.
59A-49-5. Restrictions on persons, places for sale of funeral plans.
A. No person who works in, or owns any interest in, any business which sells or furnishes any of the property, facilities or services customarily furnished in connection with funerals, burials or other services attending the disposition of human bodies after death may be licensed or otherwise authorized to sell prearranged funeral plans, but may be licensed or otherwise authorized to sell life insurance specifically designed to fund funeral plans.
B. No person licensed or otherwise authorized to sell funeral plans may pay any retainer, salary, commission or premium to any person who sells or furnishes any personal property, facilities or services customarily furnished in connection with funerals or other services attending the disposition of human bodies after death for soliciting or otherwise promoting the sale of funeral plans.
History: Laws 1984, ch. 127, 903; 1987, ch. 48, 1.
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