New Mexico Statutes
§ 52-9-19 — Money and property of the company
New Mexico § 52-9-19
This text of New Mexico § 52-9-19 (Money and property of the company) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 52-9-19 (2026).
Text
All premiums and other money paid to the company, all property and securities acquired through the use of money belonging to the company and all interest and dividends earned upon money belonging to the company and deposited or invested by the company are the sole property of the company and shall be used exclusively for the operation and obligations of the company. The money of the company is not state money. The property of the company is not state property.
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Legislative History
Laws 1990 (2nd S.S.), ch. 2, § 139.
Nearby Sections
15
§ 52-1-1
Short title§ 52-1-1.1
Definitions§ 52-1-10.1
Allocation of fault; reimbursement§ 52-1-12
Repealed§ 52-1-13
Termination of agreements§ 52-1-15
Employer§ 52-1-17
Dependents§ 52-1-18
ChildCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 52-9-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/52/52-9-19.