N.M. Stat. § 59A-16-15

§ 59A-16-15. Discrimination; rebates and certain inducements prohibited; life, health and annuity contracts

Year: 2026Length: 61 words
Except as otherwise expressly provided by law, no person shall directly or indirectly, as an inducement to any contract of life, annuity or health insurance: A. offer, pay or accept any special favor or advantage, any rebate of premiums or any valuable consideration or promise whatsoever; or B. promise any returns or profits, interest or dividends not specified in the contract.
N.M. Stat. § 59A-16-15: § 59A-16-15. Discrimination; rebates and certain inducements prohibited; life, health and annuity contracts | Justis AI