N.M. Stat. § 59A-4-8
Appraisal of assets.
A. If the superintendent deems it necessary to value any asset involved in an
examination, he shall request in writing the person being examined to appoint one or
more impartial appraisers who through education, experience or training are competent
to appraise the asset. The appraiser so selected shall be subject to the superintendent's
approval; and if an appraiser is not so selected within ten (10) days after the
superintendent's request was delivered to the examinee, the superintendent may
appoint the appraiser or appraisers.
B. The appraisal shall be expeditiously made, and a copy thereof furnished to the
superintendent and to the examinee.
C. The reasonable expense of the appraisal shall be borne by the examinee.