N.M. Stat. § 59A-47-4. Organization; profit corporations prohibited; merger and consolidation of health care plans: Nonprofit Health Care Plan Law – New Mexico

Status: Enacted
Year Enacted: 1984
Year Amended: 1999
File: Download

No domestic health care plan shall be converted into a corporation organized for pecuniary profit; and any such plan shall be maintained and operated primarily for the benefit of its subscribers.

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