There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 13: Adjusters, 59A-13-1 through 59A-13-11
Section 59A-13-11: Resident claims representative for payment of workers compensation claims.
NM Stat § 59A-13-11 (1996 through 1st Sess 50th Legis) What's This?
59A-13-11. Resident claims representative for payment of workers compensation claims.
Each workers' compensation insurer shall have at least one claims representative within New Mexico, licensed as an adjuster, to pay workers' compensation claims of claimants resident or located in New Mexico. Such claims shall be paid promptly through such representatives from accounts in financial institutions located within New Mexico.
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