In determining the financial condition of a health care plan there shall be allowed as assets only such assets allowed as to life or health insurers under Sections 118 [59A-8- 1 NMSA 1978] (“assets” defined) and 119 [59A-8-2 N.M. Stat. Ann.] (assets not allowed) of the Insurance Code.

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Terms Used In New Mexico Statutes 59A-47-15

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.