A. The following acts shall be violations of Sections 59A-37-4 through 59A-37-6 N.M. Stat. Ann.:

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Terms Used In New Mexico Statutes 59A-37-9

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.

(1)     the failure to file any statement, amendment or other material required to be filed pursuant to Section 59A-37-4 or 59A-37-5 N.M. Stat. Ann.; or

(2)     the effectuation or any attempt to effectuate an acquisition of control of a domestic insurer unless the superintendent has given approval to it.

B. The failure to timely file a registration statement, a summary of the registration statement or an enterprise risk filing required by Sections 59A-37-11 through 59A-37- 19.2 NMSA 1978 and Section 59A-37-30 N.M. Stat. Ann. is a violation of Sections 59A-37- 11 through 59A-37-19.2 N.M. Stat. Ann. and Section 59A-37-30 N.M. Stat. Ann..