There is a newer version
of
this Section
2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 37 - Insurance Holding Companies
Section 59A-37-8 - Exemptions.
Universal Citation: NM Stat § 59A-37-8 (2018)
59A-37-8. Exemptions.
Sections 619 through 621 [59A-37-4 through 59A-37-6 NMSA 1978] of this article shall not apply to:
A. any transaction which is subject to the provisions of Sections 582 and 585 [59A-34-36 and 59A-34-39 NMSA 1978] of the Insurance Code dealing with the merger, consolidation or conversion of insurers; or
B. any offer, request, invitation, agreement or acquisition which the superintendent by order shall exempt therefrom as:
(1) not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer; or
(2) as otherwise not comprehended within the purpose of Sections 619 through 621 of this article.
History: Laws 1984, ch. 127, § 623.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
