N.M. Stat. Ann. § 59A-44-2
History: 1978 Comp., § 59A-44-2, enacted by Laws 1989, ch. 388, § 2.
Repeals and reenactments. — Laws 1989, ch. 388, § 2, repealed 59A-44-2 NMSA 1978, as enacted by Laws 1984, ch. 127, § 787, relating to the definition of lodge system, and enacted a new section, effective January 1, 1990.
Effect of admitting foreign corporations as fraternal benefit societies. — The state cannot admit foreign corporations as fraternal benefit societies and license them as such, and then convert them into old line insurance companies by determining that they have written some nonallowable classes of insurance. State ex rel. Biel v. Royal Neighbors of Am., 1939-NMSC-057, 44 N.M. 8, 96 P.2d 705.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 36 Am. Jur. 2d Fraternal Orders and Benefit Societies § 5.
10 C.J.S. Beneficial Associations § 7 et seq.