No insurer or reinsurer may continue to utilize the services of a reinsurance intermediary on or after July 1, 1993, unless utilization is in compliance with the Reinsurance Intermediary Law.
History: 1978 Comp., § 59A-12D-12, enacted by Laws 1993, ch. 320, § 53.
Structure New Mexico Statutes
Article 12D - Reinsurance Intermediaries
Section 59A-12D-1 - Short title.
Section 59A-12D-2 - Definitions.
Section 59A-12D-3 - Licensure.
Section 59A-12D-4 - Required contract provisions; reinsurance intermediary-brokers.
Section 59A-12D-5 - Books and records; reinsurance intermediary-brokers.
Section 59A-12D-6 - Duties of insurers utilizing the services of a reinsurance intermediary-broker.
Section 59A-12D-7 - Required contract provisions; reinsurance intermediary-managers.
Section 59A-12D-8 - Prohibited acts.
Section 59A-12D-10 - Examination authority.