There is a newer version of the New Mexico Statutes
2015 New Mexico Statutes
Chapter 59A - Insurance Code
Section 55 Risk Retention and Purchasing Groups
Section 59A-55-2 Purpose.
NM Stat § 59A-55-2 (2015) What's This?
59A-55-2. Purpose.
The purpose of the Risk Retention and Purchasing Group Act is to regulate the formation and operation of risk retention groups and purchasing groups in New Mexico formed pursuant to the provisions of the federal Liability Risk Retention Act of 1986 to the extent permitted by that act.
History: Laws 1988, ch. 125, 2.
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