New Mexico Statutes

§ 59A-47-16 — Reserves

New Mexico·Ch. 59A Insurance Code·Art. 47 Nonprofit Health Care Plans
A health care plan shall establish and maintain reserves in amount clearly adequate, as determined by the superintendent, to cover all liabilities for losses incurred and unpaid.

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Legislative History

Laws 1984, ch. 127, § 879.14.

Nearby Sections

15
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