New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 17 - WORKERS' COMPENSATION INSURANCE
Part 5 - CLASSIFICATION AND RATING FOR EMPLOYERS AND LEASING CONTRACTORS
Section 13.17.5.8 - SUBTERFUGE; GENERAL PROHIBITION; PENALTY
Universal Citation: 13 NM Admin Code 13.17.5.8
Current through Register Vol. 35, No. 18, September 24, 2024
A. The use of subterfuge or any other action to evade the proper application of workers' compensation insurance classifications, ratings based upon experience or other premium rating procedures is prohibited.
B. In addition to any other penalty provided by law or this rule, any person whom the Superintendent finds, after hearing, to have committed subterfuge shall be subject to the penalties provided in 59A-1-18 NMSA 1978. Each act of subterfuge, whether like or unlike other acts, shall constitute a separate violation.
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