No arbitrator shall require the payment of a fee in advance of the arbitration of any controversy arising under an uninsured motorist provision of a motor vehicle or automobile liability insurance policy. The arbitrator may award the costs of arbitration to the prevailing party.
§ 66-5-302 NMSA 1978
Uninsured motorist; payment of arbitration fee
1953 Comp., § 64-24-106, enacted by Laws 1969, ch. 18, § 3; recompiled as 1953 Comp., § 64-5-302, by Laws 1978, ch. 35, § 326.
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.