N.M. Stat. § 59A-10-8
Replenishment of deposit.
If for any reason the market value of assets of the insurer held on deposit in this
state falls below the amount required under the Insurance Code, the insurer shall
promptly deposit other or additional eligible assets sufficient to cure the deficiency. If the
insurer fails to cure the deficiency within a reasonable time after receipt of notice thereof
from the superintendent, the superintendent shall revoke the insurer's certificate of
authority.