2021 New Mexico Statutes
Chapter 52 - Workers' Compensation
Article 8 - Self-Insurers' Guarantee Fund Act

Section 52-8-1 - Short title. - Sections 109 through 120 [52-8-1 to 52-8-12 NMSA 1978] of...

Section 52-8-2 - Purpose. - The purpose of the Self-Insurers' Guarantee Fund Act is to...

Section 52-8-3 - Definitions. - As used in the Self-Insurers' Guarantee Fund Act: A. "benefits"...

Section 52-8-4 - Scope of act. - Every private, individual certified self-insurer shall be a general member...

Section 52-8-5 - Self-insurers' guarantee fund commission created; organized as an independent commission; board created; administrative support. - A. The "self-insurers' guarantee fund commission" is created as a...

Section 52-8-6 - Board powers and duties; liability. - A. The board may: (1) purchase insurance or reinsurance as...

Section 52-8-7 - Guarantee fund created; assessment for funding. - A. Each certified self-insurer shall contribute to a fund to...

Section 52-8-8 - Fund liability period for guarantee fund. - A. The fund may be used to pay benefits to...

Section 52-8-9 - Fund membership termination. - A. The board may recommend to the director that a...

Section 52-8-10 - Withdrawal of certification; grounds. - A. If certification of a self-insurer is withdrawn by the...

Section 52-8-11 - Rules and regulations. - The director shall adopt rules and regulations that he determines...

Section 52-8-12 - Regulations remain in effect; initial commission general members. - A. The regulations adopted by the director to determine whether...