The provisions of the Insurance Code other than the Viatical Settlements Act shall not apply to viatical settlements unless expressly provided. The following articles and provisions of the Insurance Code shall also apply to viatical settlements and providers and their promoters, sponsors, directors, officers, employees, agents, solicitors, brokers and other representatives. For the purposes of such applicability, a provider may be referred to as an insurer in:
A. Chapter 59A, Article 1 NMSA 1978;
B. Chapter 59A, Article 2 NMSA 1978;
C. Chapter 59A, Article 4 NMSA 1978; and
D. Chapter 59A, Article 16 NMSA 1978.
History: Laws 1999, ch. 246, § 11.
Effective dates. — Laws 1999, ch. 246, § 13, made the Viatical Settlements Act effective July 1, 2000.
Cross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.
Structure New Mexico Statutes
Article 20A - Viatical Settlements
Section 59A-20A-1 - Short title.
Section 59A-20A-2 - Definitions.
Section 59A-20A-3 - License requirements; fees.
Section 59A-20A-4 - License denial, suspension, revocation or refusal to renew.
Section 59A-20A-6 - Reporting requirements and confidentiality.
Section 59A-20A-7 - Examination.
Section 59A-20A-8 - Disclosure.
Section 59A-20A-9 - General rules.