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2019 New Mexico Statutes
Chapter 59A - Insurance Code
Article 25 - Credit Life and Credit Health Insurance
Section 59A-25-13 - Director of financial institutions division to report violations.
Universal Citation: NM Stat § 59A-25-13 (2019)
The director of the financial institutions division of this state, in connection with his examination of lending institutions under his supervision, regulation or control, shall investigate and examine the procedures and policies of such lending agencies regarding issue and sale of insurance in connection with loans, and to report immediately to the superintendent any questionable procedures or violations of this article by any such lending agency.
History: Laws 1984, ch. 127, ยง 484.
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