There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 32: Motor Vehicle Insurance, 59A-32-1 through 59A-32-23
Section 59A-32-4: Assigned risk plan.
NM Stat § 59A-32-4 (1996 through 1st Sess 50th Legis) What's This?
59A-32-4. Assigned risk plan.
Every insurer referred to in Section 521 [59A-32-3 NMSA 1978] of this article shall cooperate in the formulation of a plan or plans for the equitable apportionment among such insurers of insurance afforded applicants who are in good faith entitled to, but who are unable to procure, such insurance through ordinary methods.
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