§ 59A-37-7. Mailings to shareholders; expenses
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NM Code › Chapter 59A › Article 37 › Section 59A-37-7
Text
All statements, amendments or other material filed pursuant to Section 619 or 620 of this article, and all notices of public hearings held pursuant to Section 621 of this article shall be mailed by the insurer to its shareholders within five (5) days after the insurer has received such statements, amendments, other material or notices. The expenses of mailing shall be borne by the person making the filing. As security for the payment of the expenses, the person shall file with the superintendent an acceptable bond or other deposit in an amount to be determined by the superintendent.
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