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2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 21 - Group Life Insurance
Section 59A-21-9 - Discretionary groups.
Universal Citation: NM Stat § 59A-21-9 (2018)
59A-21-9. Discretionary groups.
A policy of group life insurance may be issued to any other group that, in the discretion of the superintendent, may be subject to the issuance of a group life insurance contract.
History: Laws 1984, ch. 127, § 406a; 2013, ch. 74, § 25.
The 2013 amendment, effective March 29, 2013, authorized the superintendent of insurance to approve the issuance of group life insurance; and after "discretion of the", deleted "commission" and added "superintendent".
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