N.M. Admin. Code § 13.14.9.24

Current through Register Vol. 35, No. 23, December 10, 2024
Section 13.14.9.24 - ABSTRACT RETIREMENT CREDIT

When the applicant for an owner's policy transfers, at the time of application for the policy, to the title insurance agency or title insurer ownership of the abstract of title covering all or part of the premises to be insured, a credit shall be determined based on a percentage of the appropriate premium for the owner's policy.

N.M. Admin. Code § 13.14.9.24

6-16-86; 13.14.9.24 NMAC - Rn, 13 NMAC 14.9.10.5, 5-15-00, Adopted by New Mexico Register, Volume XXXI, Issue 24, December 29, 2020, eff. 1/1/2021