N.M. Code R. § 13.2.2.8
The authority to invest in subsidiaries under Subsection B of Section 59A-37-3 NMSA 1978 is in addition to any authority to invest in subsidiaries which may be contained in any other provision of the Insurance Code.
[13.2.2.8 NMAC – Rp, 13.2.2.8 NMAC, 7/24/2018]