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§ 59a-23a-13 — New Mexico Law | CourtGPT
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  5. Article 23a - Long-term Care Insurance/
  6. § 59a-23a-13
New Mexico Legal Code

§ 59a-23a-13

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A. A licensed producer that sells or offers for sale an insurance plan, insurance policy, certificate of insurance or rider that is intended to qualify as qualified state long-term care partnership program insurance shall disclose the availability of qualified state long-term care insurance partnership program insurance and outline the requirements and benefits of participation in the qualified state long-term care insurance partnership program. B. As used in this section: (1) 'licensed producer' means an agent, broker or reinsurance intermediary licensed pursuant to the applicable provisions of the Insurance Code; and (2) 'rider' means a long-term care coverage provision added to any type of insurance plan, insurance policy or certificate of insurance. History: Laws 2013, ch. 139, § 5. ANNOTATIONSEffective dates. — Laws 2013, ch. 139 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2013, 90 days after the adjournment of the legislature.