New Mexico Statutes

§ 59A-41-38 — Deposit of monies collected

New Mexico § 59A-41-38
JurisdictionNew Mexico
Ch. 59AInsurance Code
Art. 41Conservation, Rehabilitation and Liquidation

This text of New Mexico § 59A-41-38 (Deposit of monies collected) 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-41-38 (2026).

Text

The superintendent shall from time to time deposit in one or more state or national banks, savings banks or trust companies the monies collected by him in a proceeding under this article. The superintendent may deposit such monies or any part thereof in a national bank or trust company as a trust fund.

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Legislative History

Laws 1984, ch. 127, § 730.

Nearby Sections

15
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Bluebook (online)
New Mexico § 59A-41-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-41-38.