{"data":{"id":"us-nm/59a-1-13","jurisdiction":"us-nm","citation":"59A-1-13","heading":"\"Transacting insurance\".","body":"In addition to other aspects of insurance operations to which the Insurance Code by its terms applies, \"transacting insurance\" with respect to an insurance contract or a business of insurance includes any of the following, by mail or otherwise or whether or not for profit:\nA. solicitation or inducement;\nB. negotiation;\nC. effectuation of an insurance contract;\nD. transaction of matters subsequent to effectuation and arising out of such a contract;\nE. maintenance in this state of an office or personnel performing any function in furtherance of an insurer's business of insurance; or\nF. maintenance by an insurer of assets in trust in this state for the benefit, security or protection of its policyholders or its policyholders and creditors.","path":["Chapter 59A - Insurance Code","ARTICLE 1 Insurance Code"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"4384611fe055fa1f08cd432ceb98e3f596cdcb1f987fa61adc6ef0c3d6302463","source_id":"us-nm","stale":false,"prev":"us-nm/59a-1-12","next":"us-nm/59a-1-14"},"notice":"GroundRules: Original legal text. Not legal advice."}