New Mexico § 59A-17-36 Rate filing; failure to submit data; penalty

New Mexico Statutes

§ 59A-17-36 — Rate filing; failure to submit data; penalty

New Mexico § 59A-17-36

Ch. 59AInsurance Code

Art. 17Insurance Rates and Rating

This text of New Mexico § 59A-17-36 (Rate filing; failure to submit data; penalty) 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. § 59A-17-36 (2026).

Text

A.An insurer or advisory organization that makes a rate filing under the Insurance Rate Regulation Law and fails, without reasonable cause, to provide the data requested by the superintendent within thirty working days from the date of the request shall be subject to an administrative penalty as provided in Section 59A-1-18 NMSA 1978.

B.The superintendent may, for good cause shown, grant an extension of the thirty- day time period provided for in Subsection A of this section.

C.The insurer or advisory organization may, within ten days after entry of the order, request a hearing before the superintendent as provided in Section 59A-17-34 NMSA 1978.

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A. An insurer or advisory organization that makes a rate filing under the Insurance Rate Regulation Law and fails, without reasonable cause, to provide the data requested by the superintendent within thirty working days from the date of the request shall be subject to an administrative penalty as provided in Section 59A-1-18 NMSA 1978. B. The superintendent may, for good cause shown, grant an extension of the thirty- day time period provided for in Subsection A of this section. C. The insurer or advisory organization may, within ten days after entry of the order, request a hearing before the superintendent as provided in Section 59A-17-34 NMSA 1978.