N.M. Admin. Code § 13.2.4.16

Current through Register Vol. 35, No. 24, December 23, 2024
Section 13.2.4.16 - FEES CHARGED BY DEPOSITORY

Total compensation and reimbursement to be received by depository for its services as described in this rule shall be an annual fee not greater than two-tenths of one percent (0.2)$) of the face amount of securities held by depository, plus New Mexico gross receipts tax as agreed upon by the superintendent and the state treasurer, or such lesser amount as may be agreed between depository and an individual insurer.

N.M. Admin. Code § 13.2.4.16

8/24/87; 13.2.4.16 NMAC - Rn & A, 13 NMAC 2.4.16, 6/14/07