Operational expenses

NMSA 1978, § 59A-48-12 — under Article 48.

NMSA 1978, § 59A-48-12

No more than thirty percent of prepaid charges in the first year of operation, twenty- five percent in the second year of operation and twenty percent of prepaid charges in any subsequent year shall be used for the marketing and administrative expenses of a prepaid dental plan organization, including costs related to soliciting members and providers. History: Laws 1984, ch. 127, § 891.