There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 9: Investments, 59A-9-1 through 59A-9-27
Section 59A-9-27: Investments of foreign insurers.
NM Stat § 59A-9-27 (1996 through 1st Sess 50th Legis) What's This?
59A-9-27. Investments of foreign insurers.
The investment portfolio of a foreign or alien insurer shall be as permitted by the laws of its domicile if of a quality substantially equal to that required under this article for similar funds of like domestic insurers.
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