N.M. Admin. Code § 13.2.4.14

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.2.4.14 - REPORTING REQUIREMENTS

Depository shall promptly furnish:

A. to the superintendent:

(1) not later than three (3) days after completion of any transaction with respect to a deposit held by depository hereunder, a report of the transaction in a form approved by the superintendent, except that no report shall be made to the superintendent of a transaction involving solely a receipt of, or payment to insurer of, income on the securities;

(2) monthly, a security transaction listing and security inventory for each deposit, subtotaled by the deposit account, in a form satisfactory to the superintendent;

B. to the insurer depositing the securities:

(1) not later than three (3) days after completion of any transaction, a report of the transaction in a form approved by the superintendent;

(2) not less often than annually, a complete accounting of the securities held and of all transactions which occurred since the latest accounting; and

C. to the superintendent, the state treasurer of the state of New Mexico, and the state auditor of the state of New Mexico, all such other and further reports and records as may be reasonable or necessary for performance of their duties under law.

N.M. Admin. Code § 13.2.4.14

8/24/87; 13.2.4.14 NMAC - Rn, 13 NMAC 2.4.14, 6/14/07