The superintendent shall regulate and control, in the same manner and with the same powers as he regulates the business of life insurance, the granting, sale or offering for sale of prearranged funeral plans. Provided however, that the provisions governing prearranged funeral plans contained in this article that require stricter control or higher obligations on the part of the seller shall control.
History: Laws 1984, ch. 127, § 901.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance § 8.
What constitutes insurance - burial expenses, 63 A.L.R. 723, 100 A.L.R. 1449, 119 A.L.R. 1241.
Contracts entered into before death, relating to burial or cremation, or steps incident thereto, as opposed to public policy, or as proper subject of regulation by statute, 68 A.L.R. 1525.
Validity of statutes regulating pre-need contracts for the sale or furnishing of burial services and merchandise, 68 A.L.R.2d 1251.
Structure New Mexico Statutes
Article 49 - Prearranged Funeral Plans
Section 59A-49-1 - Short title.
Section 59A-49-2 - Purpose of article.
Section 59A-49-3 - Prearranged funeral plans and purchases; regulation and control.
Section 59A-49-4 - Definitions.
Section 59A-49-5 - Restrictions on persons, places for sale of funeral plans.
Section 59A-49-6 - Trust fund; accounting; deposit, reserves and premium tax.