Prohibition; association, trust or multiple employer welfare arrangement plans.

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No insurer shall issue, and no association, trust or multiple employer welfare arrangement shall offer, a short-term or excepted benefits plan to a resident of the state unless through a bona fide association.

History: Laws 2019, ch. 235, § 6.

ANNOTATIONS

Effective dates. — Laws 2019, ch. 235 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.


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