{"data":{"id":"us-nm/52-9-11","jurisdiction":"us-nm","citation":"52-9-11","heading":"Annual accountings; possible dividends and credits.","body":"The incurred loss experience and expense of the company shall be ascertained each year. If there is an excess of assets over liabilities, necessary reserves and a reasonable surplus for the catastrophe hazard, then a cash dividend may be declared to or a credit allowed to an employer who has been insured with the company in accordance with criteria approved by the board, which may account for the employer's safety record and performance.","path":["Chapter 52 - Workers' Compensation","ARTICLE 9 Employers Mutual Company"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18555/index.do","current_through":"2026-05-20","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"476bad1492444016d671a90ee62b4b6cc52e9c2dd0efd5d672ae1023f0547879","source_id":"us-nm","stale":false,"prev":"us-nm/52-9-10","next":"us-nm/52-9-12"},"notice":"GroundRules: Original legal text. Not legal advice."}