N.M. Admin. Code § 18.3.8.9

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

Section 18.3.8.9 - CHANGE TO THE FORM OF LEGAL ENTITY, NAME OR CONTROL OF A CERTIFICATE HOLDER

A. An application for a change of name, form or control of legal entity, or control of a holder of the certificate shall be on the prescribed form accompanied by any required fee, and shall include updates to the information, documents and statements required for applications in 18.3.2.9 NMAC, and insurance filing forms in the new name, if applicable.

B. The department shall conduct a legal review to ensure that the change does not involve a transfer or lease of authority for which a notice and hearing are required, and additional documents may be required for the purpose of such review. Once the application is deemed complete and appropriate to the situation, the department shall promptly issue a new certificate to reflect the change

18.3.8.9 NMAC - Rp, 18.3.8.9 NMAC, 1-1-05; A, 9-1-08, Amended by New Mexico Register, Volume XXVI, Issue 03 February 13, 2015, eff. 2/13/2015, Adopted by New Mexico Register, Volume XXXV, Issue 12, June 25, 2024, eff. 7/1/2024