N.M. Admin. Code § 13.19.4.17

Current through Register Vol. 35, No. 21, November 5, 2024

Section 13.19.4.17 - INVESTMENT REQUIREMENTS OF SELF-FUNDED MEWAS

Every self-funded MEWA shall comply fully with the investment requirements of Section 59A-9-2 NMSA 1978. In addition, a MEWA must not invest in securities or debt of a member employer, or a member employer's parent, subsidiary, or affiliate; or any person or entity under contract with the MEWA.

13.19.4.17 NMAC - N, 05-01-02, Adopted by New Mexico Register, Volume XXX, Issue 16, August 27, 2019, eff. 8/27/2019, Amended by New Mexico Register, Volume XXXI, Issue 04, February 25, 2020, eff. 2/25/2020