The purpose of this rule is to prescribe:
- A. Requirements for statements of actuarial opinion that are to be submitted in accordance with Section 59A-8-7 NMSA 1978, and for memoranda in support thereof;
- B. Rules applicable to the appointment of an appointed actuary; and
- C. Guidance as to the meaning of “adequacy of reserves.”
[13.2.6.6 NMAC - Rp 13 NMAC 2.6.6, 10-1-03]