New Mexico Statutes
Chapter 59A - Insurance Code
Article 42 - Life and Health Insurance Guaranty Association

Section 59A-42-1 - Short title. - Chapter 59A, Article 42 NMSA 1978 may be cited as...

Section 59A-42-2 - Purpose. - The purpose of the Life and Health Insurance Guaranty Association...

Section 59A-42-3 - Definitions. - As used in the Life and Health Insurance Guaranty Association...

Section 59A-42-4 - Coverage; limitations. - A. Coverage shall be provided for the policies and contracts...

Section 59A-42-5 - Organization of association; participation. - A. All insurers shall organize and remain members of the...

Section 59A-42-6 - Board of directors. - A. The board of directors of the association shall consist...

Section 59A-42-7 - Powers and duties of the association. - A. If a member insurer is an impaired insurer, the...

Section 59A-42-8 - Assessments. - A. For the purpose of providing the funds necessary to...

Section 59A-42-9 - Plan of operation. - A. The association shall submit to the superintendent a plan...

Section 59A-42-10 - Duties and powers of the superintendent. - A. The superintendent shall: (1) notify the association of the...

Section 59A-42-11 - Prevention of insolvencies. - To aid in the detection and prevention of insurance insolvencies:...

Section 59A-42-12 - Appeals. - A. A member insurer may appeal to the superintendent from...

Section 59A-42-13 - Miscellaneous provisions. - A. The Life and Health Insurance Guaranty Association Act shall...

Section 59A-42-14 - Examination of association; annual report. - The association is subject to examination and regulation by the...

Section 59A-42-15 - Immunity. - There shall be no liability on the part of, and...

Section 59A-42-16 - Stay of proceedings; reopening default judgments. - A proceeding in which an insolvent insurer is a party...

Section 59A-42-17 - Prohibited advertisement; notice to policy owners. - A. No person, including an insurer, agent or affiliate of...