Section 59A-16C-3 - Definitions.

NM Stat § 59A-16C-3 (2019) (N/A)
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As used in the Insurance Fraud Act:

A. "fund" means the insurance fraud fund;

B. "insurance fraud" means any act or practice in connection with an insurance transaction that constitutes a crime under the Criminal Code or the Insurance Code;

C. "insurance transaction" means any act or practice relating to insurance and includes complying with the Insurance Code or any rule adopted under its authority; and

D. "superintendent" means the superintendent of insurance.

History: Laws 1998, ch. 115, § 3.

Cross references.Criminal Code. — For the Criminal Code, see Chapter 30 NMSA 1978.

For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.