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§ 59A-45-7 NMSA 1978

Form of premium finance agreement

Known as the Insurance Premium Financing Law

The act spans §§ 59–59 (16 sections).

Laws 1984, ch. 127, § 837.

A premium finance agreement shall:

A. comply with all existing federal laws;

B. comply with any requirements established by the superintendent by way of rule or regulation; and

C. contain a statement that the Insurance Premium Financing Law does not require a person to enter into an insurance premium financing agreement as a condition of the purchase of any insurance policy.

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.