2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 5 Authorization of Insurers and General Requirements
Section 59A-5-9 "Stock" insurer defined.

NM Stat § 59A-5-9 (2015) What's This?

59A-5-9. "Stock" insurer defined.

A "stock" insurer is an incorporated insurer with capital divided into shares, and owned by its shareholders.

History: Laws 1984, ch. 127, 76.

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