N.M. Stat. § 59A-8A-7

Current through 2024, ch. 69
Section 59A-8A-7 - Minimum standards for accident and health insurance contracts

For an accident and health insurance contract issued on or after the operative date of the valuation manual, the standard prescribed in the valuation manual is the minimum standard of valuation required by Subsection B of Section 59A-8A-3 NMSA 1978. For an accident and health insurance contract issued on or after the operative date of Section 59A-20-31 NMSA 1978 and prior to the operative date of the valuation manual, the minimum standard of valuation is the standard adopted by the superintendent by rule.

NMS § 59A-8A-7

1978 Comp., § 59A-8A-7, enacted by Laws 2014, ch. 59, § 21.
Added by 2014, c. 59,s. 21, eff. upon certification by the superintendent of insurance.