The courts of this state are hereby vested with jurisdiction over any person not resident, domiciled or authorized to do business in this state, who files a statement with the superintendent under Sections 619 through 622 [59A-37-4 to 59A-37-7 NMSA 1978] of this article, and over all actions involving such person arising out of violations of such sections, and each such person shall be deemed to have performed acts equivalent to and constituting an appointment by such person of the superintendent to be his true and lawful attorney upon whom may be served all lawful process in any action, suit or proceeding arising out of a violation of such sections. Copies of all such lawful process shall be served on the superintendent and transmitted by registered or certified mail by the superintendent to such person at his address last of record with the superintendent. Service of process fee shall be paid at time of service on the superintendent in amount specified in Section 101 [59A-6-1 NMSA 1978] (fee schedule) of the Insurance Code.
History: Laws 1984, ch. 127, § 625.
Cross references. — For New Mexico's "long-arm" statute, see 38-1-16 NMSA 1978.
Structure New Mexico Statutes
Article 37 - Insurance Holding Companies
Section 59A-37-1 - Short title.
Section 59A-37-2 - Definitions.
Section 59A-37-3 - Subsidiaries of insurers.
Section 59A-37-4 - Acquisition of control of or merger with domestic insurer.
Section 59A-37-5 - Contents of statement.
Section 59A-37-6 - Approval by superintendent; review.
Section 59A-37-7 - Mailings to shareholders; expenses.
Section 59A-37-8 - Exemptions.
Section 59A-37-9 - Violations.
Section 59A-37-10 - Jurisdiction; consent to service of process.
Section 59A-37-11 - Registration of insurer member of holding company system.
Section 59A-37-12 - Registration; information; form.
Section 59A-37-13 - Materiality.
Section 59A-37-14 - Summary of registration.
Section 59A-37-15 - Termination of registration.
Section 59A-37-16 - Consolidated filing.
Section 59A-37-17 - Alternative registration.
Section 59A-37-18 - Registration exemptions.
Section 59A-37-19 - Disclaimer.
Section 59A-37-19.1 - Reporting of dividends to shareholders.
Section 59A-37-19.2 - Information of insurers.
Section 59A-37-20 - Transactions with affiliates.
Section 59A-37-21 - Adequacy of surplus.
Section 59A-37-22 - Dividends and other distributions.
Section 59A-37-23 - Examinations.
Section 59A-37-24 - Confidential treatment.
Section 59A-37-25 - Enforcement; voting securities; civil proceedings.
Section 59A-37-26 - Enforcement, criminal proceedings; penalty.
Section 59A-37-27 - Receivership; recovery of distributions.
Section 59A-37-28 - Suspension, revocation, noncontinuance of certificate of authority.
Section 59A-37-29 - Acquisitions that would lessen competition.
Section 59A-37-30 - Enterprise risk filing.
Section 59A-37-31 - Management of domestic insurers subject to registration.