Nothing in the Ground Water Protection Act creates an insurance company or an insurance fund. The corrective action fund is not subject to the provisions of the Insurance Code.
History: Laws 1990, ch. 124, § 10.
Cross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.
Structure New Mexico Statutes
Chapter 74 - Environmental Improvement
Article 6B - Ground Water Protection
Section 74-6B-1 - Short title.
Section 74-6B-2 - Findings; purpose of act.
Section 74-6B-3 - Definitions.
Section 74-6B-4 - Storage tank committee; creation; terms; powers and duties.
Section 74-6B-5 - Department's right of entry and inspection.
Section 74-6B-6 - Civil liability for damage to property from leaking storage tank.
Section 74-6B-7 - Corrective action fund created; authorization for expenditures.
Section 74-6B-8 - Liability; cost recovery.
Section 74-6B-9 - Storage tank fee; deposit in storage tank fund.
Section 74-6B-10 - Act does not create insurance company or fund.
Section 74-6B-13 - Payment program.
Section 74-6B-13.1 - Repealed.
Section 74-6B-14 - State liability; insufficient balance in the fund.