A. On request of the insurance supervisory official of any other state, province or country; of the national association of insurance commissioners or similar association of insurance regulatory officials; or of a federal agency, the superintendent shall communicate to the official, association or agency information that it is the superintendent's duty by law to ascertain respecting an insurer or other person transacting insurance in this state or otherwise subject to the superintendent's supervision.
B. The superintendent may be a member of the national association of insurance commissioners or any successor organization and may participate in and support cooperative activities of public agencies having supervision of the insurance business.
History: Laws 1984, ch. 127, § 34; 1991, ch. 125, § 3; 2014, ch. 59, § 1.
The 2014 amendment, effective July 1, 2014, provided for cooperation with federal agencies; in the catchline, after "interstate", added "federal and international"; and in Subsection A, after "insurance regulatory officials", added "or of a federal agency", after "the official", deleted "or", and after "the official association" deleted "any" and added "or agency".
Severability. — Laws 2014, ch. 59, § 54 provided that if any part or application of the provisions of Laws 2014, ch. 59 is held invalid, the remainder or its application to other situations or persons shall not be affected.
The 1991 amendment, effective April 3, 1991, rewrote Subsection A which read "On request of the insurance supervisory official of any other state, province or country, the superintendent shall communicate to such official any information which it is his duty by law to ascertain respecting authorized insurers."
Structure New Mexico Statutes
Article 2 - Office of Superintendent of Insurance
Section 59A-2-1 - Office of superintendent of insurance.
Section 59A-2-2 - Superintendent; appointment; term; compensation; removal.
Section 59A-2-2.1 - Insurance nominating committee; duties; administrative attachment.
Section 59A-2-3 - Superintendent; qualifications and bond.
Section 59A-2-7 - Delegation of powers.
Section 59A-2-8 - General powers and duties of superintendent.
Section 59A-2-8.1 - Producer licensing; national producer registry; fees collected.
Section 59A-2-9 - Rules and regulations; promulgation; violation.
Section 59A-2-9.1 - Regulations; leased employees.
Section 59A-2-9.2 - Recompiled.
Section 59A-2-9.3 - Superintendent authorized and directed to promulgate privacy rules.
Section 59A-2-9.4 - Superintendent of insurance; additional powers.
Section 59A-2-9.6 - Health insurance cooperative; rulemaking.
Section 59A-2-9.7 - Annual report required.
Section 59A-2-9.8 - Prior authorization request form; development.
Section 59A-2-9.9 - State innovation waiver application.
Section 59A-2-10 - Orders, notices in general.
Section 59A-2-11 - Enforcement.
Section 59A-2-12 - Records; inspection; destruction.
Section 59A-2-13 - Seal as evidence.
Section 59A-2-14 - Publications; preparation and sale.
Section 59A-2-15 - Interstate, federal and international cooperation.