There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 41: Conservation, Rehabilitation and Liquidation, 59A-41-1 through 59A-41-57
Section 59A-41-6: "Delinquency proceeding" defined.
NM Stat § 59A-41-6 (1996 through 1st Sess 50th Legis) What's This?
59A-41-6. "Delinquency proceeding" defined.
"Delinquency proceeding" means any proceeding commenced against an insurer pursuant to this article for the purpose of conserving, rehabilitating, reorganizing or liquidating the insurer.
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