{"data":{"id":"us-nm/59a-47-19","jurisdiction":"us-nm","citation":"59A-47-19","heading":"Limitation upon acquisition and administration expenses.","body":"No health care plan shall during any one calendar year incur expense for acquisition of its business more than ten percent of its premium income earned during that year; nor incur during any such year for expense of administration more than twenty percent of such earned premiums.","path":["Chapter 59A - Insurance Code","ARTICLE 47 Nonprofit Health Care Plans"],"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":"618da6b364bec92fc178e4cf9c012c36c77f9b77db915b339484b495e834b116","source_id":"us-nm","stale":false,"prev":"us-nm/59a-47-18","next":"us-nm/59a-47-20"},"notice":"GroundRules: Original legal text. Not legal advice."}