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§ 59a-48-12 — New Mexico Law | CourtGPT
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  5. Article 48 - Prepaid Dental Plans/
  6. § 59a-48-12
New Mexico Legal Code

§ 59a-48-12

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No more than thirty percent of prepaid charges in the first year of operation, twenty-five percent in the second year of operation and twenty percent of prepaid charges in any subsequent year shall be used for the marketing and administrative expenses of a prepaid dental plan organization, including costs related to soliciting members and providers. History: Laws 1984, ch. 127, § 891.