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2020 New Mexico Statutes
Chapter 59A - Insurance Code
Article 45 - Premium Financing
Section 59A-45-7 - Form of premium finance agreement.
Universal Citation: NM Stat § 59A-45-7 (2020)
A premium finance agreement shall:
A. comply with all existing federal laws;
B. comply with any requirements established by the superintendent by way of rule or regulation; and
C. contain a statement that the Insurance Premium Financing Law does not require a person to enter into an insurance premium financing agreement as a condition of the purchase of any insurance policy.
History: Laws 1984, ch. 127, ยง 837.
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