Section 52-1-5 - Destruction of policies, bonds and undertakings.
52-1-5. Destruction of policies, bonds and undertakings.
From and after the expiration of three years following the date of filing of any insurance policy or certificate thereof, bond or undertaking, pursuant to the provisions of Section 52-1-4 NMSA 1978, the director may, in his discretion, authorize the destruction of such insurance policies, certificates, bonds and undertakings.