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2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 12C - Broker Controlled Insurers
Section 59A-12C-3 - Applicability.
Universal Citation: NM Stat § 59A-12C-3 (2017)
59A-12C-3. Applicability.
The Broker Controlled Insurer Law shall apply to authorized insurers either domiciled in this state or domiciled in a state that is not an accredited state having in effect a substantially similar law. All provisions of The Insurance Holding Company Law [Chapter 59A, Article 37 NMSA 1978], to the extent they are not superseded by the Broker Controlled Insurer Law, shall continue to apply to all parties within holding company systems subject to this article.
History: 1978 Comp., 59A-12C-3, enacted by Laws 1993, ch. 320, 37.
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