2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 10: Administration of Deposits; Trusteed Assets of Alien Insurer, 59A-10-1 through 59A-10-19
Section 59A-10-18: Mexican, Canadian insurers.
59A-10-18. Mexican, Canadian insurers.
Sections 171 through 179 [59A-10-11 to 59A-10-19 NMSA 1978] of this article applicable to a United States manager shall, in the case of insurers domiciled in Mexico or Canada, be deemed to refer to the president, vice-president, secretary, treasurer or other comparable officer of the insurer duly authorized by the insurer's board of directors or other similar governing body to act in behalf of the insurer as to the insurer's trusteed assets hereunder.
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