New Mexico § 59A-23A-5 Extraterritorial jurisdiction; group long-term care

New Mexico Statutes

§ 59A-23A-5 — Extraterritorial jurisdiction; group long-term care

New Mexico § 59A-23A-5

Ch. 59AInsurance Code

Art. 23ALong-Term Care Insurance

This text of New Mexico § 59A-23A-5 (Extraterritorial jurisdiction; group long-term care) 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-23A-5 (2026).

Text

insurance. No group long-term care insurance coverage may be offered to a resident of this state under a group policy issued in another state to a group described in Paragraph (4) of Subsection C of Section 59A-23A-4 NMSA 1978, unless the superintendent has determined prior to the offer that: A. the coverage meets the requirements of Chapter 59A, Article 23A NMSA 1978 and any regulations pertaining thereto, or the insurance commissioner of another state having statutory and regulatory long-term care insurance requirements substantially similar to those adopted in New Mexico has determined that such requirements have been met; and B. the requirements of Section 59A-23-8 NMSA 1978 have been met.

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

insurance. No group long-term care insurance coverage may be offered to a resident of this state under a group policy issued in another state to a group described in Paragraph (4) of Subsection C of Section 59A-23A-4 NMSA 1978, unless the superintendent has determined prior to the offer that: A. the coverage meets the requirements of Chapter 59A, Article 23A NMSA 1978 and any regulations pertaining thereto, or the insurance commissioner of another state having statutory and regulatory long-term care insurance requirements substantially similar to those adopted in New Mexico has determined that such requirements have been met; and B. the requirements of Section 59A-23-8 NMSA 1978 have been met.