N.M. Code R. § 11.4.5.3
Section 52-5-4 NMSA 1978, authorizes the WCA to adopt reasonable rules and regulations for effecting the purposes of the act. Section 52-1-28.1 NMSA 1978, authorizes the director to promulgate rules and regulations regarding the prohibition against bad faith and unfair claims processing. Section 52-5-1.3 NMSA 1978, empowers the director to investigate, penalize or refer allegations of fraud. Section 52-1-61 NMSA 1978, authorizes the director to penalize persons who violate the provisions of the act.
[11.4.5.3 NMAC - Rp, 11 NMAC 4.5.3, 10/1/2014]