Current as of May 06, 2021 | Updated by FindLaw Staff
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An insurer shall be held guilty of having committed any of the acts prohibited by this article by reason of the act of any agent, solicitor or employee not an officer, director or department head thereof, if an officer, director or department head of the insurer has authorized or knowingly permitted such act or has had prior knowledge thereof.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 59A. Insurance Code § 59A-16-25. Knowledge of insurer of prohibited acts - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-59a-insurance-code/nm-st-sect-59a-16-25.html
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