Authorization of Insurers and General Requirements | Midpage

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New Mexico Statutes Annotated 1978

5

Authorization of Insurers and General Requirements

State of New Mexico

59A-5-1Definitions, in general 59A-5-2"Alien" insurer defined 59A-5-3"Charter" defined 59A-5-4"Domestic" insurer defined 59A-5-5"Foreign" insurer defined 59A-5-6"Lloyds" insurer defined 59A-5-7"Mutual" insurer defined 59A-5-8"Reciprocal" insurer defined 59A-5-9"Stock" insurer defined 59A-5-10Certificate of authority required; penalty 59A-5-11Exemptions from authority requirement 59A-5-11.1Exemption from authority requirement; provider service networks 59A-5-12General eligibility for certificate of authority 59A-5-13General eligibility for authority; ownership and management 59A-5-14Name of insurer 59A-5-15Insuring power combinations 59A-5-16Capital funds, deposits, required for certificate of authority 59A-5-17Insuring powers without added basic capital 59A-5-18General deposit 59A-5-19Special deposit or bond 59A-5-20General deposit of alien insurer 59A-5-21Application for certificate of authority 59A-5-22Issuance, refusal of authority; ownership of certificate 59A-5-23Continuance, expiration, reinstatement of certificate of authority 59A-5-24Suspension or revocation of certificate of authority; mandatory grounds 59A-5-25Impairment as grounds for suspension or revocation of certificate of authority 59A-5-26Suspension, limitation or revocation of authority; discretionary and special grounds 59A-5-27Duration of suspension; insurer's obligations during suspension; reinstatement 59A-5-28General corporation statutes inapplicable to foreign insurers 59A-5-29Annual statement 59A-5-29.1Quarterly reports 59A-5-30Penalties for late, false annual statements 59A-5-31Appointment of superintendent as process agent 59A-5-32Serving process; time to plead 59A-5-33Reciprocity provision