Actions against the attorney-in-fact or underwriters of a domestic Lloyds Plan insurance operation may be brought either in the county in which the person or property insured is resident or located, or in which the attorney-in-fact has his principal office or place of business in this state.
History: Laws 1984, ch. 127, ยง 657.
Structure New Mexico Statutes
Article 38 - Lloyds Plan Automobile Insurance
Section 59A-38-1 - Lloyds Plan automobile insurance authorized.
Section 59A-38-2 - Approval of policies; attorney-in-fact.
Section 59A-38-3 - Application for certificate of authority.
Section 59A-38-4 - Cash or security deposit.
Section 59A-38-5 - Surplus required.
Section 59A-38-6 - Limit on volume of insurance written.
Section 59A-38-7 - Determining solvency; investments.
Section 59A-38-8 - Distribution of profits; how determined.
Section 59A-38-9 - Impairment.
Section 59A-38-10 - Withdrawal of underwriters.
Section 59A-38-11 - Lloyds Plan insurance producers; licensing.
Section 59A-38-12 - Lloyds Plan an "insurer".