A policy of group life insurance may be issued to any other group that, in the discretion of the superintendent, may be subject to the issuance of a group life insurance contract. History: Laws 1984, ch. 127, § 406a; 2013, ch. 74, § 25. ANNOTATIONSThe 2013 amendment, effective March 29, 2013, authorized the superintendent of insurance to approve the issuance of group life insurance; and after 'discretion of the', deleted 'commission' and added 'superintendent'.
New Mexico Legal Code