There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 52: Workers' Compensation
Article 8: Self-Insurers' Guarantee Fund Act, 52-8-1 through 52-8-12
Section 52-8-2: Purpose.
Universal Citation:
NM Stat § 52-8-2 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
52-8-2. Purpose.
The purpose of the Self-Insurers' Guarantee Fund Act is to provide a guarantee fund for self-insurers to protect the workers and the families of workers employed by self-insurers who become insolvent. The Self-Insurers' Guarantee Fund Act is designed to help ensure the integrity and financial health of the workers' compensation and occupational disease disablement system as it applies to self-insurers in New Mexico.
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