New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 9 - LIFE INSURANCE AND ANNUITIES
Part 8 - VARIABLE LIFE INSURANCE
Section 13.9.8.13 - REQUIRED REPORTS
Universal Citation: 13 NM Admin Code 13.9.8.13
Current through Register Vol. 35, No. 6, March 26, 2024
A. Any insurer authorized to transact the business of variable life insurance in this state shall submit to the superintendent, in addition to any other materials which may be required by this rule or any other applicable laws or regulations:
(1) an annual statement of the business of
its separate account or accounts in such form as may be prescribed by the
national association of insurance commissioners;
(2) prior to the use in this state any
information furnished to applicants as provided for in 13 NMAC 9.8.34 [now
13.9.8.34 NMAC];
(3) prior to the
use in this state the form of any of the reports to policyholders as provided
for in 13 NMAC 9.8.36 [now 13.9.8.36 NMAC]; and
(4) such additional information concerning
its variable life insurance operations or its separate accounts as the
superintendent shall deem necessary.
B. Any material submitted to the superintendent under this section shall be disapproved if it is found to be false, misleading, deceptive, or inaccurate in any material respect and, if previously distributed, the superintendent shall require the distribution of amended material.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
