{"data":{"id":"us-nm/59a-5-15","jurisdiction":"us-nm","citation":"59A-5-15","heading":"Insuring power combinations.","body":"An insurer which otherwise qualifies therefor shall be authorized to transact any one kind or combination of kinds of insurance as defined in Sections 107 through 115 [59A-7-1 to 59A-7-9 NMSA 1978] (kinds of insurance) of the Insurance Code, except:\nA. a life insurer may grant annuities and may be authorized to transact in addition only health insurance;\nB. a reciprocal insurer or Lloyds insurer shall not transact life insurance; and\nC. a title insurer shall be a stock or mutual corporation, and shall not transact any additional kind of insurance.","path":["Chapter 59A - Insurance Code","ARTICLE 5 Authorization of Insurers and General Requirements"],"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":"4aeda4e77cb11897e013247f10231177d87518c582257e6dbacd74d10637f7b2","source_id":"us-nm","stale":false,"prev":"us-nm/59a-5-14","next":"us-nm/59a-5-16"},"notice":"GroundRules: Original legal text. Not legal advice."}