Reporting of dividends to shareholders.

  1. Law
  2. New Mexico Statutes
  3. Insurance Code
  4. Insurance Holding Companies
  5. Reporting of dividends to shareholders.

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Subject to the provisions of Section 59A-37-22 NMSA 1978, each registered insurer shall report to the superintendent all dividends and other distributions to shareholders within fifteen business days following the declaration thereof.

History: 1978 Comp., § 59A-37-19.1, enacted by Laws 1993, ch. 320, § 81.


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