{"data":{"id":"us-nm/59a-20-22","jurisdiction":"us-nm","citation":"59A-20-22","heading":"Annuities, dividends.","body":"If an annuity or pure endowment contract, other than a reversionary, survivorship or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.","path":["Chapter 59A - Insurance Code","ARTICLE 20 Life Insurance and Annuity Contracts"],"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":"14b54628351ebfa758c315c33bf08e768a8717be60c129e815b8a67dc8df8200","source_id":"us-nm","stale":false,"prev":"us-nm/59a-20-21","next":"us-nm/59a-20-23"},"notice":"GroundRules: Original legal text. Not legal advice."}
