Within six months of the effective date of the Insurance Fraud Act all claim forms and applications for insurance shall contain a statement permanently affixed to the application or claim form which states substantially as follows:
"ANY PERSON WHO KNOWINGLY PRESENTS A FALSE OR FRAUDULENT CLAIM FOR PAYMENT OF A LOSS OR BENEFIT OR KNOWINGLY PRESENTS FALSE INFORMATION IN AN APPLICATION FOR INSURANCE IS GUILTY OF A CRIME AND MAY BE SUBJECT TO CIVIL FINES AND CRIMINAL PENALTIES."
The failure to include that statement shall not constitute a defense against prosecution for commission of insurance fraud.
History: Laws 1998, ch. 115, ยง 8.
Structure New Mexico Statutes
Section 59A-16C-1 - Short title.
Section 59A-16C-2 - Findings; purpose.
Section 59A-16C-3 - Definitions.
Section 59A-16C-4 - Superintendent's duties.
Section 59A-16C-5 - Superintendent's authority.
Section 59A-16C-6 - Notice and cooperation required; tolling period.
Section 59A-16C-8 - Warning required.
Section 59A-16C-9 - Report of conviction.
Section 59A-16C-10 - Insurer anti-fraud initiatives; special investigative units.
Section 59A-16C-11 - Investigators' powers.
Section 59A-16C-12 - Attorney general's duties.
Section 59A-16C-13 - Insurance fraud policy advisory group.
Section 59A-16C-14 - Insurance fraud fund created; appropriation.
Section 59A-16C-15 - Application of act to other acts.
Section 59A-16C-17 - Automobile theft prevention authority; created; board; powers; duties.