New Mexico Administrative Code
Title 6 - PRIMARY AND SECONDARY EDUCATION
Chapter 50 - INSURANCE
Part 3 - PROCUREMENT OF OR SELF-INSURANCE OF RISK-RELATED AND EMPLOYEE-BENEFITS COVERAGES
Section 6.50.3.11 - AUTHORIZATION TO OFFER DUE PROCESS REIMBURSEMENT COVERAGE
Universal Citation: 6 NM Admin Code 6.50.3.11
Current through Register Vol. 35, No. 18, September 24, 2024
A. The authority is authorized to include due process reimbursement coverage in its self-insured retention risk pool pursuant to Section 22-29-12 NMSA 1978, as amended and supplemented.
B. The board shall determine at the beginning of each fiscal year the amount available in the fund for reimbursements. The provisions for distribution of the fund amount shall be set forth in the general liability memorandum of coverage including the process for submitting claims and the method of distribution.
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.
