Nothing contained in the Interstate Insurance Product Regulation Compact [11-19-1 NMSA 1978], nor any decision or action by the interstate insurance product regulation commission, shall preempt, alter or modify any claims or remedies against insurance companies, agents or other persons or entities regulated under the Insurance Code that are or may become available under the common law, the Insurance Code or other statutes of this state.
History: Laws 2009, ch. 188, § 1.
ANNOTATIONSEffective dates. — Laws 2009, ch. 188 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 19, 2009, 90 days after the adjournment of the legislature.
Cross references. — For the Insurance Code, see 59A-1-1 NMSA 1978 and notes thereto.