{"data":{"id":"us-nm/59a-16-15","jurisdiction":"us-nm","citation":"59A-16-15","heading":"Discrimination; rebates and certain inducements prohibited; life, health and annuity contracts.","body":"Except as otherwise expressly provided by law, no person shall directly or indirectly, as an inducement to any contract of life, annuity or health insurance:\nA. offer, pay or accept any special favor or advantage, any rebate of premiums or any valuable consideration or promise whatsoever; or\nB. promise any returns or profits, interest or dividends not specified in the contract.","path":["Chapter 59A - Insurance Code","ARTICLE 16 Trade Practices and Frauds"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"8869fa6762cc1fc4da236a4ec65271d1ba0d5a99d033ac4494331abc4f3bf9d2","source_id":"us-nm","stale":false,"prev":"us-nm/59a-16-14","next":"us-nm/59a-16-16"},"notice":"GroundRules: Original legal text. Not legal advice."}
