New Mexico § 10-7B-4 Group benefits committee; powers and duties

New Mexico Statutes

§ 10-7B-4 — Group benefits committee; powers and duties

New Mexico § 10-7B-4

Ch. 10Public Officers and Employees

Art. 7BGroup Benefits

This text of New Mexico § 10-7B-4 (Group benefits committee; powers and duties) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 10-7B-4 (2026).

Text

The committee shall: A. review and advise the director on all group benefits coverages, whether insured or self-insured, included or to be included in the state group plan; B. review and advise the director on all professional, technical or consulting contracts to be entered into in connection with the state group plan; C. if insurance is to be purchased through negotiation, pursuant to Subparagraph (a) of Paragraph (1) of Subsection D of Section 6 [10-7B-7 NMSA 1978] of the Group Benefits Act, review and advise the director as to companies and agents to be selected to submit proposals; D. review and advise the director on rules and regulations relating to group benefits insurance and self-insurance; E. review and advise the director on selection of an investment advisor for investments of

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The committee shall: A. review and advise the director on all group benefits coverages, whether insured or self-insured, included or to be included in the state group plan; B. review and advise the director on all professional, technical or consulting contracts to be entered into in connection with the state group plan; C. if insurance is to be purchased through negotiation, pursuant to Subparagraph (a) of Paragraph (1) of Subsection D of Section 6 [10-7B-7 NMSA 1978] of the Group Benefits Act, review and advise the director as to companies and agents to be selected to submit proposals; D. review and advise the director on rules and regulations relating to group benefits insurance and self-insurance; E. review and advise the director on selection of an investment advisor for investments of the group self-insurance fund; F. review and advise the director on guidelines establishing rates for and methods of rating participating state agencies and local public bodies; G. perform any other duties and exercise any other powers as provided by law; and H. review any matters specified in this section, which review by the committee shall preempt such review of such matters previously accorded to the risk management advisory board.