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§ 59A-21-9 NMSA 1978

Discretionary groups

Known as the Group Life Insurance Law

The act spans §§ 59–59 (28 sections).

Laws 1984, ch. 127, § 406a; 2013, ch. 74, § 25.

A policy of group life insurance may be issued to any other group that, in the discretion of the superintendent, may be subject to the issuance of a group life insurance contract.

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.