{"data":{"id":"us-nm/59a-10-1","jurisdiction":"us-nm","citation":"59A-10-1","heading":"Authorized deposits.","body":"The following deposits of insurers when made with the state treasurer through the superintendent shall be accepted and held in trust, subject to the provisions of Sections 161 through 170 [59A-10-1 to 59A-10-10 NMSA 1978] of this article:\nA. deposits required under the Insurance Code for authority to transact insurance in this state;\nB. deposits of domestic insurers when made pursuant to laws of other states, provinces or countries as requirement for authority to transact insurance therein; and\nC. deposits in such additional amounts as permitted under Section 166 [59A-10-6 NMSA 1978] (excess deposits) of this article.","path":["Chapter 59A - Insurance Code","ARTICLE 10 Administration of Deposits; Trusteed Assets of Alien Insurer"],"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":"0c39b980652054077265083ed181fed689ec2fff5ac8d7f9efc3d27571b74c8a","source_id":"us-nm","stale":false,"prev":"us-nm/59a-9-27","next":"us-nm/59a-10-2"},"notice":"GroundRules: Original legal text. Not legal advice."}