N.M. Stat. § 59A-39-21

§ 59A-39-21. Time limit for assessments

Year: 2026Length: 100 words
Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his share of any assessment as computed and limited in accordance with this article, if: A. while his policy is in force or within one year after its termination, he is notified by either the attorney or the superintendent of his intentions to levy such assessment; or B. if an order to show cause why a receiver, conservator, rehabilitator or liquidator of the insurer should not be appointed is issued while his policy is in force or within one year after its termination.
N.M. Stat. § 59A-39-21: § 59A-39-21. Time limit for assessments | Justis AI