Examination authority
Known as the Reinsurance Intermediary Law
The act spans §§ 59–59 (12 sections).
1978 Comp., § 59A-12D-10, enacted by Laws 1993, ch. 320, § 51.
A. A reinsurance intermediary shall be subject to examination by the superintendent. The superintendent shall have access to all books, bank accounts and records of the reinsurance intermediary in a form usable to the superintendent.
B. A reinsurance intermediary-manager may be examined as if it were the reinsurer.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.