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2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 12A - Insurance Administrators
Section 59A-12A-1 - Scope of the article.
Universal Citation: NM Stat § 59A-12A-1 (2018)
59A-12A-1. Scope of the article.
Chapter 59A, Article 12A NMSA 1978 shall apply to all administrators who provide administrative services in connection with insurance or alternatives to insurance or who, in a fiduciary capacity or otherwise, manage or handle funds, money, premiums, fees or other forms of consideration in connection with insurance or alternatives to insurance. That article shall also apply to the claims practices of insurers or alternatives to insurance, whether or not they are administered by a third party.
History: 1978 Comp., § 59A-12A-1, enacted by Laws 1989, ch. 374, § 1.
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