{"data":{"id":"us-nm/66-5-207.1","jurisdiction":"us-nm","citation":"66-5-207.1","heading":"Self-insurers.","body":"A. The superintendent of insurance shall issue a certificate of self-insurance to any applicant with motor vehicles registered in his name in this state, provided that the applicant has met the same criteria for self-insurance as set by the superintendent of insurance for workmen's compensation liability.\nB. Upon not less than five days' notice and a hearing pursuant to such notice, the superintendent upon reasonable grounds may cancel a certificate of self-insurance. Failure to pay any judgment within thirty days after the judgment is final constitutes a reasonable ground for the cancellation of a certificate of self-insurance.","path":["Chapter 66 - Motor Vehicles","ARTICLE 5 Licensing of Operators and Chauffeurs; Financial Responsibility; Uninsured Motorists' Insurance; Identification Cards"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18569/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"0205b80eeac6ddae07284532b83a3798b1d8fa41b236c6c3b40dfcae36ba7fb7","source_id":"us-nm","stale":false,"prev":"us-nm/66-5-207","next":"us-nm/66-5-208"},"notice":"GroundRules: Original legal text. Not legal advice."}