New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 1 - INSURANCE GENERAL PROVISIONS
Part 2 - INSURANCE BULLETINS
Section 13.1.2.8 - USE OF BULLETINS
Universal Citation: 13 NM Admin Code 13.1.2.8
Current through Register Vol. 35, No. 18, September 24, 2024
A. The superintendent may issue bulletins requiring any person or company subject to regulation by the department:
(1) to comply
with requests from the superintendent to provide information useful in the
lawful enforcement or administration of any provision of a rule adopted by the
department or of the Insurance Code;
(2) to respond to an inquiry from the
superintendent with respect to any transaction or matter within the scope of
the superintendent's supervision;
(3) to comply with an order requiring that
certain actions be performed.
B. The superintendent may issue bulletins:
(1) indicating his understanding of the
meaning of a statute or rule;
(2)
indicating his understanding of the applicability of a statute or
rule;
(3) providing an explanation
of how a statute or rule is to be administered in practice;
(4) in response to inquiries from insurers,
insurance professionals or the public clarifying ambiguous terms or
requirements of existing law.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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