N.M. Stat. § 59A-55-12

Prohibition on ownership by an insurance company.

Last amended: 1988Year: 2026Length: 47 wordsOfficial source
No risk retention group shall be allowed to do business in this state if an insurance company is directly or indirectly a member or owner of such risk retention group, other than in the case of a risk retention group all of whose members are insurance companies.
N.M. Stat. § 59A-55-12: Prohibition on ownership by an insurance company. | Justis AI