{"data":{"id":"us-nm/59a-13-16","jurisdiction":"us-nm","citation":"59A-13-16","heading":"Escrow or trust accounts.","body":"A public adjuster who receives, accepts or holds any funds on behalf of an insured toward the settlement of a claim for loss or damage shall deposit the funds in a non-interest-bearing escrow or trust account in a financial institution that is insured by an agency of the federal government in the public adjuster's home state or where the loss occurred.","path":["Chapter 59A - Insurance Code","ARTICLE 13 Adjusters"],"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":"908d15463e31fd4e178875880ffcad59c725ecf0b1663181f134be0f82ef334f","source_id":"us-nm","stale":false,"prev":"us-nm/59a-13-15","next":"us-nm/59a-13-17"},"notice":"GroundRules: Original legal text. Not legal advice."}