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2017 New Mexico Statutes
Chapter 59A - Insurance Code
Article 55 - Risk Retention and Purchasing Groups
Section 59A-55-25 - Binding effect of orders issued in United States district court.
Universal Citation: NM Stat § 59A-55-25 (2017)
59A-55-25. Binding effect of orders issued in United States district court.
An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance or operating in any state upon a finding that such a group is in hazardous financial or financially impaired condition shall be enforceable in the state courts of New Mexico.
History: Laws 1988, ch. 125, 25.
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