New Mexico § 59A-16-2 Purpose of article

New Mexico Statutes

§ 59A-16-2 — Purpose of article

New Mexico·Ch. 59A Insurance Code·Art. 16 Trade Practices and Frauds

A purpose of this article is to regulate trade practices in the insurance business and related businesses in accordance in part with the intent of Congress as expressed in the Act of Congress approved March 9, 1945, being c. 20, 59 Stat. 33, also designated as 15 U.S.C. Secs. 1011 to 1015, inclusive, by defining, or providing for determination of, practices in this state which constitute unfair methods of competition or unfair or deceptive acts or practices so defined or determined.

Free access — add to your briefcase to read the full text and ask questions with AI

A purpose of this article is to regulate trade practices in the insurance business and related businesses in accordance in part with the intent of Congress as expressed in the Act of Congress approved March 9, 1945, being c. 20, 59 Stat. 33, also designated as 15 U.S.C. Secs. 1011 to 1015, inclusive, by defining, or providing for determination of, practices in this state which constitute unfair methods of competition or unfair or deceptive acts or practices so defined or determined.

New Mexico § 59A-16-2 (Purpose of article) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.