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Section 59A-43-1 - Short title. - This article [Chapter 59A, Article 43 NMSA 1978] may be...
Section 59A-43-2 - Purpose. - The purpose of this article is to provide a mechanism...
Section 59A-43-3 - Scope. - A. This article applies to all kinds of direct insurance...
Section 59A-43-4 - Definitions. - As used in Chapter 59A, Article 43 NMSA 1978: A....
Section 59A-43-5 - Organization of association. - All member insurers shall remain members of the association as...
Section 59A-43-6 - Board of directors. - A. The board of directors of the association shall consist...
Section 59A-43-7 - Powers and duties of the association. - A. The association shall: (1) be obligated to the extent...
Section 59A-43-8 - Plan of operation. - A. The association shall submit to the superintendent a plan...
Section 59A-43-9 - Duties and powers of superintendent. - A. The superintendent shall: (1) serve on the association a...
Section 59A-43-10 - Effect of paid claims. - A. Any person recovering under Chapter 59A, Article 43 NMSA...
Section 59A-43-11 - Nonduplication of recovery. - A. Any person having a claim against any insurer under...
Section 59A-43-12 - Prevention of insolvencies. - To aid in the detection and prevention of insurance insolvencies:...
Section 59A-43-13 - Examination of association; financial reports. - The association is subject to examination and regulation by the...
Section 59A-43-14 - Appeals. - A. A claimant whose claim is denied in whole or...
Section 59A-43-15 - Recognition of assessment in rates. - The rates and premiums charged for insurance policies to which...
Section 59A-43-16 - Immunity. - There shall be no liability on the part of and...
Section 59A-43-17 - Stay of proceedings; reopening of default judgments. - All proceedings in which the insolvent insurer is a party...
Section 59A-43-18 - Termination; distribution of funds. - A. The superintendent shall by order terminate the operation of...