2018 New Mexico Statutes
Chapter 59A - Insurance Code
Article 1 - Insurance Code
Section 59A-1-8 - "Insurer"; "authorized insurer".

Universal Citation: NM Stat § 59A-1-8 (2018)
59A-1-8. "Insurer"; "authorized insurer".

A. "Insurer" includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance.

B. An "authorized insurer" is a [an] insurer holding a valid and subsisting certificate of authority, issued by the superintendent, to transact insurance in this state.

History: Laws 1984, ch. 127, § 8.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

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