N.M. Stat. Ann. § 59A-34-9 – Salaries of officers, directors | Midpage
§ 59A-34-9
N.M. Stat. Ann. § 59A-34-9
Salaries of officers, directors
Laws 1984, ch. 127, § 555.State of New Mexico
No insurer shall pay any salary, compensation or emolument to any officer or director thereof unless such payment has been duly authorized by the insurer's board of directors.