New Mexico § 59A-30-6.2 Premiums; Indian nation, tribe or pueblo trust property

New Mexico Statutes

§ 59A-30-6.2 — Premiums; Indian nation, tribe or pueblo trust property

New Mexico § 59A-30-6.2

Ch. 59AInsurance Code

Art. 30Title Insurance

This text of New Mexico § 59A-30-6.2 (Premiums; Indian nation, tribe or pueblo trust property) 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. § 59A-30-6.2 (2026).

Text

Title insurance policies purchased in association with the acquisition of title to property by the United States in trust for a federally recognized Indian nation, tribe or pueblo located wholly or partially in New Mexico where no monetary consideration is paid, shall be issued subject to the promulgated or filed and approved premium rates for the original issuance of a title insurance policy on the same property for an amount equal to the reduced liability limit for the acquisition provided for by the United States department of justice, unless a higher liability amount is required by the United States.

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Title insurance policies purchased in association with the acquisition of title to property by the United States in trust for a federally recognized Indian nation, tribe or pueblo located wholly or partially in New Mexico where no monetary consideration is paid, shall be issued subject to the promulgated or filed and approved premium rates for the original issuance of a title insurance policy on the same property for an amount equal to the reduced liability limit for the acquisition provided for by the United States department of justice, unless a higher liability amount is required by the United States.