N.M. Admin. Code § 6.50.3.11 - AUTHORIZATION TO OFFER DUE PROCESS REIMBURSEMENT COVERAGE
A. The authority is authorized to include due
process reimbursement coverage in its self-insured retention risk pool pursuant
to Section
22-29-12 NMSA 1978, as amended and
supplemented.
B. The board shall
determine at the beginning of each fiscal year the amount available in the fund
for reimbursements. The provisions for distribution of the fund amount shall be
set forth in the general liability memorandum of coverage including the process
for submitting claims and the method of distribution.
Notes
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