New Mexico Statutes
§ 52-9-9 — Use of company assets
New Mexico § 52-9-9
This text of New Mexico § 52-9-9 (Use of company assets) 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. § 52-9-9 (2026).
Text
The assets of the company shall be applicable to the payment of losses sustained on account of insurance issued by it and to the payment of salaries, dividends as provided in Sections 131 and 132 [52-9-11, 52-9-12 NMSA 1978] of this act and other expenses.
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Legislative History
Laws 1990 (2nd S.S.), ch. 2, § 129.
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Repealed§ 52-1-13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
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Bluebook (online)
New Mexico § 52-9-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/52/52-9-9.