There is created the "insurance fund" to purchase insurance for the state and its public employees. Any money in the fund not needed to meet expected expenditures for the ensuing month shall be invested by the director of the risk management division with the prior approval of the state board of finance.
History: 1953 Comp., § 5-14-20, enacted by Laws 1976, ch. 58, § 20; 1977, ch. 247, § 53.
Structure New Mexico Statutes
Section 41-4-2 - Legislative declaration.
Section 41-4-4 - Granting immunity from tort liability; authorizing exceptions.
Section 41-4-5 - Liability; operation or maintenance of motor vehicles, aircraft and watercraft.
Section 41-4-6 - Liability; buildings, public parks, machinery, equipment and furnishings.
Section 41-4-7 - Liability; airports.
Section 41-4-8 - Liability; public utilities.
Section 41-4-9 - Liability; medical facilities.
Section 41-4-10 - Liability; health care providers.
Section 41-4-11 - Liability; highways and streets.
Section 41-4-12 - Liability; law enforcement officers.
Section 41-4-15 - Statute of limitations.
Section 41-4-16 - Notice of claims.
Section 41-4-16.1 - Civil action; damages incurred while imprisoned; notice to victim.
Section 41-4-17 - Exclusiveness of remedy.
Section 41-4-18 - Jurisdiction; appeals; venue.
Section 41-4-19 - Maximum liability.
Section 41-4-20 - Coverage of risks; insurance.
Section 41-4-21 - Application of act.
Section 41-4-22 - Insurance fund.
Section 41-4-23 - Public liability fund created; purposes.
Section 41-4-24 - Consulting and claims adjusting contracts.
Section 41-4-26 - Home rule municipality tort claims ordinances; severability; applicability.
Section 41-4-27 - Home rule municipality; joint powers agreements; coverage.
Section 41-4-28 - Coverage for liability subject to foreign jurisdiction's law.
Section 41-4-30 - Liability coverage; certain community land grants.