2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 34 - Domestic Stock and Mutual Insurers
Section 59A-34-9 - Salaries of officers, directors.
59A-34-9. Salaries of officers, directors.
No insurer shall pay any salary, compensation or emolument to any officer or director thereof unless such payment has been duly authorized by the insurer's board of directors.
History: Laws 1984, ch. 127, 555.