2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 14: Surplus Line Insurance, 59A-14-1 through 59A-14-19
Section 59A-14-6: Surplus line insurance valid.


NM Stat § 59A-14-6 (1996 through 1st Sess 50th Legis) What's This?

59A-14-6. Surplus line insurance valid.

Insurance contracts procured as surplus line coverage from unauthorized insurers in accordance with the article shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects and to the same effect as like contracts issued by authorized insurers.

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