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2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 55 - Risk Retention and Purchasing Groups
Section 59A-55-14 - Delinquency proceedings.
Universal Citation: NM Stat § 59A-55-14 (2017)
59A-55-14. Delinquency proceedings.
A risk retention group not having a New Mexico certificate of authority that is doing business in New Mexico shall comply with a lawful order issued in a voluntary dissolution proceeding or in a delinquency proceeding commenced by a state superintendent if there has been a finding of financial impairment after an examination under Section 9 [59A-55-9 NMSA 1978] of the Risk Retention and Purchasing Group Act.
History: Laws 1988, ch. 125, 14.
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