N.M. Stat. § 59A-18-3.1

Current through 2024, ch. 69

Section 59A-18-3.1 - Closed block of business

As used in Chapter 59A, Article 18 NMSA 1978, "closed block of business" means a policy or group of policies that division rules identify as closed because an insurer no longer markets or sells the policy or group of policies or because the policy's or group of policies' enrollment has decreased.

NMS § 59A-18-3.1

Laws 2011, ch. 144, § 10.

Added by 2011, c. 144,s. 10, eff. 1/1/2012.