N.M. Admin. Code § 13.14.9.13

Current through Register Vol. 35, No. 23, December 10, 2024

Section 13.14.9.13 - ROUNDING TO THE NEAREST DOLLAR

All premiums charged for title insurance policies, endorsements, or commitments shall be rounded to the nearest dollar after all necessary computations have been performed. Fifty cents or more shall be rounded up; 49 cents or less shall be rounded down.

6-16-86; 13.14.9.13 NMAC - Rn, 13 NMAC 14.9.8.6, 5-15-00, Amended by New Mexico Register, Volume XXVI, Issue 24, December 30, 2015, eff. 3/1/2016, Adopted by New Mexico Register, Volume XXXI, Issue 24, December 29, 2020, eff. 1/1/2021