2020 New Mexico Statutes
Chapter 59A - Insurance Code
Article 13 - Adjusters
Section 59A-13-11 - Resident claims representative for payment of workers' compensation claims.
Each workers' compensation insurer shall have at least one claims representative within New Mexico, licensed as an adjuster, to pay workers' compensation claims of claimants resident or located in New Mexico. Such claims shall be paid promptly through such representatives from accounts in financial institutions located within New Mexico.
History: 1978 Comp., § 59A-13-11, enacted by Laws 1989, ch. 313, § 2.