Section 59A-42-14 - Examination of association; annual report.

NM Stat § 59A-42-14 (2019) (N/A)
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The association is subject to examination and regulation by the superintendent. The board shall submit to the superintendent, not later than May 1 each year, a financial report for the preceding calendar year in form approved by the superintendent and a report of its activities during the preceding calendar year. Upon the request of a member insurer, the association shall provide the member insurer with a copy of the report.

History: Laws 1984, ch. 127, § 763; 2012, ch. 9, § 17.

The 2012 amendment, effective July 1, 2012, permitted member insurers to request a copy of the annual report and added the last sentence.