The cash dividend or credit to an employer shall be an amount that the board in its discretion considers appropriate.
History: Laws 1990 (2nd S.S.), ch. 2, § 132.
Effective dates. — Laws 1990 (2nd S.S.), ch. 2, § 153 made Laws 1990 (2nd S.S.), ch. 2, § 132 effective January 1, 1991.
Structure 2021 New Mexico Statutes
Chapter 52 - Workers' Compensation
Article 9 - Employers Mutual Company
Section 52-9-2 - Findings and purpose.
Section 52-9-4 - Employers mutual company created; organized as a domestic mutual insurance company.
Section 52-9-5 - Company's board of directors; appointment; powers.
Section 52-9-8 - Exclusion of state's liability.
Section 52-9-9 - Use of company assets.
Section 52-9-11 - Annual accountings; possible dividends and credits.
Section 52-9-12 - Amount of dividends or credits.
Section 52-9-13 - Ability of company to transact workers' benefits insurance.
Section 52-9-14 - Investment counsel.
Section 52-9-15 - Powers of company.
Section 52-9-16 - Powers of president.
Section 52-9-17 - Company audit.
Section 52-9-18 - Company assets.
Section 52-9-19 - Money and property of the company.
Section 52-9-20 - No state appropriation.
Section 52-9-21 - Exemption from and applicability of certain laws.
Section 52-9-23 - Annual report.