{"data":{"id":"us-nm/59a-18-3.1","jurisdiction":"us-nm","citation":"59A-18-3.1","heading":"Closed block of business.","body":"As used in Chapter 59A, Article 18 NMSA 1978, \"closed block of business\" means a policy or group of policies that division rules identify as closed because an insurer no longer markets or sells the policy or group of policies or because the policy's or group of policies' enrollment has decreased.","path":["Chapter 59A - Insurance Code","ARTICLE 18 The Insurance Contract"],"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":"607d384c11582bc707c1cbe9d83fd7dbdb7c33ac8ff75bce57553c3f18d86483","source_id":"us-nm","stale":false,"prev":"us-nm/59a-18-3","next":"us-nm/59a-18-3.2"},"notice":"GroundRules: Original legal text. Not legal advice."}