New Mexico Code § 59A-49-7

May not enforce contract sold in violation; insurer may not pay to restricted persons without consent
Open in Lexace · Ask the AI about this section
A. No person may enforce in any court of this state any asserted obligation of a purchaser of a funeral plan sold in violation of this article.
B. No authorized insurer shall pay or permit to be paid any money accruing as a benefit of a policy to any person restricted from selling funeral plans under Subsection A of Section 903 [59A-49-5 NMSA 1978] of this article without the written consent of the person or persons entitled to such benefit after accrual thereof.
History: Laws 1984, ch. 127, § 905.

‹ Prev All New Mexico sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.