2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 21 - Group Life Insurance
Section 59A-21-26 - Purpose.

Universal Citation: NM Stat § 59A-21-26 (2017)

59A-21-26. Purpose.

The purpose of this act [59A-21-26 through 59A-21-28 NMSA 1978] is to permit and set guidelines for life insurers to include in life insurance policies issued after the effective date of this act a provision for periodic adjustment of policy loan interest rates.

History: 1978 Comp., 59-16-44, enacted by Laws 1983, ch. 283, 1; 1978 Comp., 59-16-44, recompiled as 59A-21-26 by Laws 1987, ch. 259, 32.

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