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Home » US Law » 2021 New Mexico Statutes » Chapter 59A - Insurance Code » Article 45 - Premium Financing » Section 59A-45-7 – Form of premium finance agreement.

A premium finance agreement shall:

A. comply with all existing federal laws;

B. comply with any requirements established by the superintendent by way of rule or regulation; and

C. contain a statement that the Insurance Premium Financing Law does not require a person to enter into an insurance premium financing agreement as a condition of the purchase of any insurance policy.

History: Laws 1984, ch. 127, § 837.