New Mexico Statutes

§ 59A-21-26 — Purpose

New Mexico·Ch. 59A Insurance Code·Art. 21 Group Life Insurance
The purpose of this act [59A-21-26 to 59A-21-28 NMSA 1978] is to permit and set guidelines for life insurers to include in life insurance policies issued after the effective date of this act a provision for periodic adjustment of policy loan interest rates.

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Legislative History

1978 Comp., § 59-16-44, enacted by Laws 1983, ch. 283, § 1; 1978 Comp., §

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