N.M. Admin. Code § 13.14.9.9

Current through Register Vol. 35, No. 23, December 10, 2024
Section 13.14.9.9 - COMBINATIONS OF CREDITS OR DISCOUNTS

No title insurer or title insurance agency shall grant more than one premium credit, reduction or discount for a single transaction, unless one original owner policy premium in the largest amount is charged; provided, however, that a simultaneous issue rate regulation may be combined with any appropriate single issue rate regulation.

N.M. Admin. Code § 13.14.9.9

6-16-86; 13.14.9.9 NMAC - Rn, 13 NMAC 14.9.8.2, 5-15-00, Adopted by New Mexico Register, Volume XXXI, Issue 24, December 29, 2020, eff. 1/1/2021