The amounts allocated to each separate account established with respect to variable life insurance and variable annuity contracts shall be invested and, together with the accumulations thereon reinvested, as provided for by the respective such contracts and in accordance with the provisions of Section 395 [ 59A-20-30 NMSA 1978] of the Insurance Code.
§ 59A-9-19 NMSA 1978
Special investments of separate account funds
Laws 1984, ch. 127, § 152.
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.