For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

"Premium" defined

NMSA 1978, § 59A-18-3
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
59A-18-3. "Premium" defined As used in the Insurance Code "premium" means the consideration for insurance or for an annuity, by whatever name called. Any "assessment," or any "membership," "policy," "survey," "inspection," "service" or similar fee or other charge in consideration for an insurance or annuity contract or procurement thereof is part of the premium. Laws 1984, ch. 127, § 333.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18562/index.do#!b/59A-18-3Fetched: 10/20/2026

Starting a business in New Mexico? New Mexico LLC guide: costs and requirements