New Mexico § 59A-41-46 Report for assessment; domestic mutual, reciprocal

New Mexico Statutes

§ 59A-41-46 — Report for assessment; domestic mutual, reciprocal

New Mexico § 59A-41-46

Ch. 59AInsurance Code

Art. 41Conservation, Rehabilitation and Liquidation

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Bluebook

N.M. Stat. Ann. § 59A-41-46 (2026).

Text

insurers. Within three (3) years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the superintendent may make a report to the court setting forth: A. the reasonable value of the assets of the insurer; B. the insurer's probable liabilities; and C. the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.

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insurers. Within three (3) years from the date an order of rehabilitation or liquidation of a domestic mutual insurer or domestic reciprocal insurer was filed in the office of the clerk of the court by which such order was made, the superintendent may make a report to the court setting forth: A. the reasonable value of the assets of the insurer; B. the insurer's probable liabilities; and C. the probable necessary assessment, if any, to pay all claims and expenses in full, including expenses of administration.