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2020 New Mexico Statutes
Chapter 59A - Insurance Code
Article 5 - Authorization of Insurers and General Requirements
Section 59A-5-6 - "Lloyds" insurer defined.
Universal Citation: NM Stat § 59A-5-6 (2020)
A "Lloyds" insurer is an unincorporated but formally associated group of separate persons ("underwriters" or "underwriting syndicates") by whom an insurance risk is assumed in whole or part by one or more of such persons.
History: Laws 1984, ch. 127, § 73.
ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 46A C.J.S. Insurance § 1709 et seq.
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