N.M. Admin. Code § 9.2.19.30

Current through Register Vol. 36, No. 1, January 14, 2025
Section 9.2.19.30 - EXCEPTION FOR PUBLICLY TRADED POOLED INVESTMENTS

Notwithstanding the foregoing provisions of Section 9.2.19.31 NMAC, ownership of shares in a mutual fund or other publicly traded pooled investment fund whose assets may include publicly traded securities of long-term care facilities or service organizations shall not generally constitute a conflict of interest, unless the investments of such fund is limited to such facilities or service organizations, or such investments normally form a large percentage of such fund.

N.M. Admin. Code § 9.2.19.30

9.2.19.30 NMAC - N, 2/1/2001, Adopted by New Mexico Register, Volume XXVIII, Issue 24, December 26, 2017, eff. 12/29/2017