GroundRules
← Search the law
New Mexico · Through 2026-07-01

59A-10-19: Levy upon deposit.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 59A - Insurance Code
  2. ARTICLE 10 Administration of Deposits; Trusteed Assets of Alien Insurer

No judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets or securities held in this state as a deposit for protection of the insurer's policyholders or policyholders and creditors. Levy upon deposits made pursuant to Section 100 [59A-5-33 NMSA 1978] (reciprocity provision) of the Insurance Code shall be permitted if so provided by the superintendent's order under which the deposit is required.

Collected 2026-09-03T15:02:20Z. Source file · JSON

Browse this collection