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New Mexico · Through 2026-07-01

59A-41-46: Report for assessment; domestic mutual, reciprocal insurers.

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Where this section sits in the code
  1. Chapter 59A - Insurance Code
  2. ARTICLE 41 Conservation, Rehabilitation and Liquidation

Within three (3) years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the superintendent may make a report to the court setting forth:

A. the reasonable value of the assets of the insurer;

B. the insurer's probable liabilities; and

C. the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

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

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