New Mexico § 59A-37-8 Exemptions

New Mexico Statutes

§ 59A-37-8 — Exemptions

New Mexico § 59A-37-8

Ch. 59AInsurance Code

Art. 37Insurance Holding Companies

This text of New Mexico § 59A-37-8 (Exemptions) 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-37-8 (2026).

Text

Sections 619 through 621 [59A-37-4 to 59A-37-6 NMSA 1978] of this article shall not apply to: A. any transaction which is subject to the provisions of Sections 582 and 585 [59A- 34-36 and 59A-34-39 NMSA 1978] of the Insurance Code dealing with the merger, consolidation or conversion of insurers; or B. any offer, request, invitation, agreement or acquisition which the superintendent by order shall exempt therefrom as:

(1)not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer; or (2) as otherwise not comprehended within the purpose of Sections 619 through 621 of this article.

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Sections 619 through 621 [59A-37-4 to 59A-37-6 NMSA 1978] of this article shall not apply to: A. any transaction which is subject to the provisions of Sections 582 and 585 [59A- 34-36 and 59A-34-39 NMSA 1978] of the Insurance Code dealing with the merger, consolidation or conversion of insurers; or B. any offer, request, invitation, agreement or acquisition which the superintendent by order shall exempt therefrom as: (1) not having been made or entered into for the purpose and not having the effect of changing or influencing the control of a domestic insurer; or (2) as otherwise not comprehended within the purpose of Sections 619 through 621 of this article.