2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 33: Workers' Compensation Insurance Contracts and Assigned Risks, 59A-33-1 through 59A-33-15
Section 59A-33-5.1: Operation of pool.
59A-33-5.1. Operation of pool.
The pool shall operate towards being self-sufficient and shall be self-sufficient no later than July 1, 1995. The rates charged the policyholders shall be set so that the amount received in premiums, together with reasonable investment income earned on those premiums, is reasonably expected to be sufficient to pay claims and losses incurred and reasonable operating expenses of the servicing carriers.
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