59A-55-14: Delinquency proceedings.
Where this section sits in the code
- Chapter 59A - Insurance Code
- ARTICLE 55 Risk Retention and Purchasing Groups
A risk retention group not having a New Mexico certificate of authority that is doing business in New Mexico shall comply with a lawful order issued in a voluntary dissolution proceeding or in a delinquency proceeding commenced by a state superintendent if there has been a finding of financial impairment after an examination under Section 9 [59A-55-9 NMSA 1978] of the Risk Retention and Purchasing Group Act.
Collected 2026-09-03T15:02:20Z. Source file · JSON