Disclosure of rating practices and renewability provisions
NMSA 1978, § 59A-23C-7
in effect59A-23C-7. Disclosure of rating practices and renewability provisions
Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following:
A. the provisions concerning the carriers' right to change premium rates and the factors that affect changes in premium rates; and
B. the provisions relating to renewability of coverage.
Laws 1991, ch. 153, § 7; 2019, ch. 259, § 6.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do#!b/59A-23C-7Fetched: 10/20/2026
