§ 59A-25-1 Scope and short title
§ 59A-25-2 Purpose
§ 59A-25-3 Definitions
§ 59A-25-4 Forms of credit life, credit health insurances
§ 59A-25-5 Amount of insurance
§ 59A-25-6 Term of insurance
§ 59A-25-7 Provisions of policies and certificates; disclosure to debtors
§ 59A-25-8 Filing, approval and withdrawal of forms
§ 59A-25-9 Premiums and refunds
§ 59A-25-10 Authorized insurer, licensed agent required
§ 59A-25-11 Claims administration
§ 59A-25-12 Existing insurance; choice of insurer
§ 59A-25-13 Director of financial institutions division to report violations
§ 59A-25-14 Penalties
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Terms Used In New Mexico Statutes > Chapter 59A > Article 25 - Credit Life and Credit Health Insurance

  • Amortization: Paying off a loan by regular installments.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Statute: A law passed by a legislature.