The superintendent shall promulgate reasonable rules, including rules providing statistical plans, for use thereafter by all title insurers and title insurance agents in the recording and reporting of revenue, loss and expense experience so that the experience of title insurers and title insurance agents may be made available to the superintendent at least annually in such form and detail as may be necessary to aid the superintendent in promulgating or approving premium rates.
§ 59A-30-7 NMSA 1978
Reporting of experience
Known as the New Mexico Title Insurance Law
The act spans §§ 59–59 (19 sections).
1978 Comp., § 59A-30-7, enacted by Laws 1985, ch. 28, § 7; 2009, ch. 80, § 10.
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.