In determining the financial condition of a health care plan there shall be allowed as assets only such assets allowed as to life or health insurers under Sections 118 [ 59A-8-1 NMSA 1978] ("assets" defined) and 119 [ 59A-8-2 NMSA 1978] (assets not allowed) of the Insurance Code.
§ 59A-47-15 NMSA 1978
Assets
Known as the Nonprofit Health Care Plan Law
The act spans §§ 59–59 (84 sections).
Laws 1984, ch. 127, § 879.13.
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.