There is a newer version of the New Mexico Statutes
2016 New Mexico Statutes
Chapter 59A - Insurance Code
Article 34 - Domestic Stock and Mutual Insurers
- Section 59A-34-1 - Scope of article.
- Section 59A-34-2 - Application of general corporation statutes.
- Section 59A-34-3 - Insurance business exclusive; exceptions.
- Section 59A-34-4 - Incorporation.
- Section 59A-34-5 - Filing, recording of articles; authority to raise capital or transact insurance required.
- Section 59A-34-6 - Amendment of articles of incorporation.
- Section 59A-34-7 - Nonuser of corporate charter.
- Section 59A-34-8 - Prohibited interest of officers, directors and employees in certain transactions.
- Section 59A-34-9 - Salaries of officers, directors.
- Section 59A-34-10 - Records and accounts.
- Section 59A-34-11 - Vouchers for expenditures.
- Section 59A-34-12 - Assets to be kept in state; exceptions.
- Section 59A-34-13 - Removal, concealment of records, assets.
- Section 59A-34-14 - Information to stockholders and proxy regulations.
- Section 59A-34-15 - Information in advance of stockholder meetings.
- Section 59A-34-16 - Solicitation of proxies.
- Section 59A-34-17 - Management, compensation and agency contracts.
- Section 59A-34-18 - Dividends to stockholders.
- Section 59A-34-19 - Participating policies.
- Section 59A-34-20 - Dividends to policyholders.
- Section 59A-34-21 - Illegal dividends; penalty.
- Section 59A-34-22 - Purchase of own shares by stock insurer.
- Section 59A-34-23 - Borrowed capital funds.
- Section 59A-34-24 - Mutual membership.
- Section 59A-34-25 - Mutual members, corporate rights.
- Section 59A-34-26 - Mutual insurer bylaws.
- Section 59A-34-27 - Mutual members, quorum.
- Section 59A-34-28 - Mutual members, contingent liability.
- Section 59A-34-29 - Mutual members, levy of contingent liability.
- Section 59A-34-30 - Mutual members, enforcement of contingent liability.
- Section 59A-34-31 - Mutual insurers; nonassessable policies.
- Section 59A-34-32 - Prohibited transactions.
- Section 59A-34-33 - Unauthorized business in other states.
- Section 59A-34-34 - Mutualization of stock insurer.
- Section 59A-34-35 - Conversion to ordinary business corporation.
- Section 59A-34-36 - Merger, consolidation of stock insurers.
- Section 59A-34-37 - Preservation of old charter in merger, consolidation.
- Section 59A-34-38 - Merger, consolidation of mutual insurers.
- Section 59A-34-39 - Conversion of mutual to stock insurer.
- Section 59A-34-40 - Bulk reinsurance.
- Section 59A-34-41 - Bulk reinsurance; fees and commissions.
- Section 59A-34-42 - Expense to be borne by parties.
- Section 59A-34-43 - Mutual member's share of assets on liquidation.
- Section 59A-34-44 - Material transactions; report.
- Section 59A-34-45 - Acquisition and disposition of assets; materiality; scope; reporting requirements.
- Section 59A-34-46 - Nonrenewals, cancellations or revisions of ceded reinsurance programs; materiality; scope; reporting requirements.
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