Report for assessment; domestic mutual, reciprocal insurers
NMSA 1978, § 59A-41-46
in effect59A-41-46. Report for assessment; domestic mutual, reciprocal insurers
Within three (3) years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the superintendent may make a report to the court setting forth:
A. the reasonable value of the assets of the insurer;
B. the insurer's probable liabilities; and
C. the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.
Laws 1984, ch. 127, § 738.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do#!b/59A-41-46Fetched: 10/20/2026