New Mexico Register / Volume XXIX, Issue 10 / May 29, 2018

 

 

This is an amendment to 13.14.6 NMAC, Section 11, effective July 1, 2018

 

Explanatory statement: Stylistic changes throughout the rule were corrected to conform to correct legislative styles.

 

13.14.6.11             STANDARD EXCEPTIONS:  All owner’s policies insuring New Mexico property shall contain in schedule B the standard exceptions numbered 1 through [8] 7 in 13.14.5.9 NMAC except as otherwise provided by these rules.  Said standard exceptions may be preprinted in schedule B and, when specifically authorized, may be deleted by crossing out the words as specifically indicated in the rules immediately following, or by notation in schedule B or endorsement stating, “exceptions numbered _____________ are hereby deleted” or “exception numbered 3 is hereby amended to read, “shortages in area”.  Standard exception number 5 shall refer to “spouse of the vestee” in all owner’s policies and in all situations where the vestee and insured are not the same.

[6/16/1986, 2/6/1987; 13.14.6.11 NMAC - Rn, 13 NMAC 14.6.11, 5/15/2000; A, 3/1/2016; A, 7/1/2018]