Any agreement made between such employer and any such worker to be bound by the provisions of the Workers' Compensation Act may be terminated by either party upon giving thirty days notice to the other in writing, prior to any accidental injury suffered by such worker.
History: Laws 1929, ch. 113, § 9; C.S. 1929, § 156-109; 1941 Comp., § 57-909; 1953 Comp., § 59-10-9; Laws 1989, ch. 263, § 10.
ANNOTATIONSTermination notice. — This section requires an employer covered under this chapter through its elective rather than its mandatory provision, who wishes to terminate workers' compensation insurance coverage, to give 30 days prior written notice of intent to discontinue coverage to both its employees and the superintendent of insurance. The mere lapse of the insurance policy and oral notice of termination are insufficient to terminate an employer's liability for elective coverage. Castillo v. Weatherly, 1988-NMCA-032, 107 N.M. 135, 753 P.2d 1323.
Law reviews. — For annual survey of New Mexico Workers' Compensation Law, see 20 N.M.L. Rev. 459 (1990).
Am. Jur. 2d, A.L.R. and C.J.S. references. — 82 Am. Jur. 2d Workers' Compensation §§ 8, 16, 18.
99 C.J.S. Workmen's Compensation §§ 128, 129.