Authorization of Insurers and General Requirements

  1. Law
  2. New Mexico Statutes
  3. Insurance Code
  4. Authorization of Insurers and General Requirements

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Section
59A-5-1

Definitions, in general.

Section
59A-5-2

"Alien" insurer defined.

Section
59A-5-3

"Charter" defined.

Section
59A-5-4

"Domestic" insurer defined.

Section
59A-5-5

"Foreign" insurer defined.

Section
59A-5-6

"Lloyds" insurer defined.

Section
59A-5-7

"Mutual" insurer defined.

Section
59A-5-8

"Reciprocal" insurer defined.

Section
59A-5-9

"Stock" insurer defined.

Section
59A-5-10

Certificate of authority required; penalty.

Section
59A-5-11

Exemptions from authority requirement.

Section
59A-5-11.1

Exemption from authority requirement; provider service networks.

Section
59A-5-12

General eligibility for certificate of authority.

Section
59A-5-13

General eligibility for authority; ownership and management.

Section
59A-5-14

Name of insurer.

Section
59A-5-15

Insuring power combinations.

Section
59A-5-16

Capital funds, deposits, required for certificate of authority.

Section
59A-5-17

Insuring powers without added basic capital.

Section
59A-5-18

General deposit.

Section
59A-5-19

Special deposit or bond.

Section
59A-5-20

General deposit of alien insurer.

Section
59A-5-21

Application for certificate of authority.

Section
59A-5-22

Issuance, refusal of authority; ownership of certificate.

Section
59A-5-23

Continuance, expiration, reinstatement of certificate of authority.

Section
59A-5-24

Suspension or revocation of certificate of authority; mandatory grounds.

Section
59A-5-25

Impairment as grounds for suspension or revocation of certificate of authority.

Section
59A-5-26

Suspension, limitation or revocation of authority; discretionary and special grounds.

Section
59A-5-27

Duration of suspension; insurer's obligations during suspension; reinstatement.

Section
59A-5-28

General corporation statutes inapplicable to foreign insurers.

Section
59A-5-29

Annual statement.

Section
59A-5-29.1

Quarterly reports.

Section
59A-5-30

Penalties for late, false annual statements.

Section
59A-5-31

Appointment of superintendent as process agent.

Section
59A-5-32

Serving process; time to plead.

Section
59A-5-33

Reciprocity provision.