N.M. Stat. § 59A-10-12
Purpose and duration.
The deposit of an alien insurer provided for in Section 171 [59A-10-11 NMSA 1978]
of this article shall be held in trust for the benefit, security and protection of the
policyholders, or policyholders and creditors, of the insurer in the United States, and
shall be maintained as long as there is outstanding in the United States any liability of
the insurer arising out of its insurance transactions therein.