With the exception of investments made in accordance with Paragraph (1) of Subsection A of Section 59A-46-5 NMSA 1978, the funds of a health maintenance organization shall be invested only in accordance with Chapter 59A, Article 9 NMSA 1978 and such regulations as the superintendent may promulgate consistent with that article and the provisions of the Health Maintenance Organization Law.
History: 1978 Comp., § 59A-46-12, enacted by Laws 1993, ch. 266, § 12.
Repeals and reenactments. — Laws 1993, ch. 266, § 43 repealed former 59A-46-12 NMSA 1978, as enacted by Laws 1984, ch. 127, § 859, related to trust deposits, and Laws 1993, ch. 266, § 12 enacted a new section, effective January 1, 1994.
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