2006 New Mexico Statutes - Section 59A-5-6 — "Lloyds" insurer defined.

59A-5-6. "Lloyds" insurer defined.

A "Lloyds" insurer is an unincorporated but formally associated group of separate persons ("underwriters" or "underwriting syndicates") by whom an insurance risk is assumed in whole or part by one or more of such persons.

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