No later than sixty days following completion of an examination, the examiner in charge shall file with the office of superintendent of insurance a verified, written examination report. The examination report shall comprise only facts appearing upon the books, records or other documents of the person examined, or from information provided to the examiner during the course of the examination by the examinee's officers or agents and other individuals examined concerning its affairs, together with the conclusions and recommendations of the examiners as may reasonably be warranted from the facts. The examination report shall be verified by the oath of the examiner in charge of the examination.
History: Laws 1984, ch. 127, § 53; 1991, ch. 125, § 5; 2017, ch. 130, § 1.
The 2017 amendment, effective July 1, 2017, provided that an examiner must file with the office of superintendent of insurance a verified, written examination within sixty days of completing an examination; in the first sentence, deleted "Upon" and added "No later than sixty days following", after "examiner in charge shall", deleted "make a true" and added "file with the office of superintendent of insurance a verified, written examination", and after "report", deleted "thereof comprising"; and in the second sentence, added "The examination report shall comprise".
Structure New Mexico Statutes
Article 4 - Examinations, Hearings and Appeals
Section 59A-4-1 - Scope of article.
Section 59A-4-2 - Investigations; confidentiality of information pending completion.
Section 59A-4-3 - Inquiries by superintendent.
Section 59A-4-4 - Power of examination; in general.
Section 59A-4-5 - Examination of insurers.
Section 59A-4-6 - Examiners and specialists.
Section 59A-4-7 - Conduct of examination; access to information; correction of records; penalties.
Section 59A-4-8 - Appraisal of assets.
Section 59A-4-9 - Examination report; contents.
Section 59A-4-10 - Examination report; conference; adoption orders; investigatory hearings.
Section 59A-4-11 - Examination report; filing for public inspection; confidentiality.
Section 59A-4-12 - Examination report; information to management of domestic entities.
Section 59A-4-13 - Examination report as evidence; proceedings during examination.
Section 59A-4-14 - Examination expense; payment.
Section 59A-4-15 - Hearings; in general.
Section 59A-4-16 - Notice of hearing.
Section 59A-4-17 - Hearing procedure.
Section 59A-4-18 - Informal hearings.
Section 59A-4-19 - Testimony compelled; immunity.