Section 59A-16-7 - Replacement of life insurance.

NM Stat § 59A-16-7 (2019) (N/A)
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In addition to other powers of the superintendent in respect thereto, the superintendent shall by regulation require persons who replace or offer or propose to replace existing life insurance with other life insurance, to disclose to the policyholder all information the superintendent deems relevant in a form and manner and at a time set by the superintendent.

History: Laws 1984, ch. 127, § 275.