§ 59a-12-26-1

There is created in the state treasury a fund that shall be known as the 'insurance licensee continuing education fund'. All fees imposed by the provisions of Section 59A-12-26 NMSA 1978 shall be deposited in the insurance licensee continuing education fund for the purpose of administering the continuing education program. History: Laws 1988, ch. 112, § 1; 2016, ch. 89, § 45. ANNOTATIONSThe 2016 amendment, effective July 1, 2017, clarified language regarding the insurance licensee continuing education fund; in the catchline, added 'insurance licensee', and after 'fund', deleted 'appropriation'; in the first sentence, after 'treasury a fund', deleted 'which' and added 'that'; and in the second sentence, after 'provisions of Section', deleted '2 of this act' and added '59A-12-26 NMSA 1978', after 'in the insurance licensee continuing education fund', deleted 'and are appropriated', and after 'administering the continuing education program', deleted 'pursuant to the provisions of Section 59A-12-26 NMSA 1978 to be expended upon voucher by the superintendent of insurance'. Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch.

ions of Section 59A-12-26 NMSA 1978 to be expended upon voucher by the superintendent of insurance'. Severability. — Laws 2016, ch. 89, § 71 provided that if any part or application of Laws 2016, ch. 89 is held invalid, the remainder or its application to other situations or persons shall not be affected.