New Mexico Statutes
§ 59A-44-21 — Investments
New Mexico § 59A-44-21
This text of New Mexico § 59A-44-21 (Investments) 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-44-21 (2026).
Text
A society shall invest its funds only in such investments as are authorized by Chapter 59A, Article 9 NMSA 1978 for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.
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Legislative History
1978 Comp., § 59A-44-21, enacted by Laws 1989, ch. 388, § 21.
Nearby Sections
15
§ 59A-1-1
Short title§ 59A-1-10
"Person"; "individual"§ 59A-1-11
"State"§ 59A-1-12
Superintendent§ 59A-1-13
"Transacting insurance"§ 59A-1-14
Compliance required§ 59A-1-16
Exempted from code§ 59A-1-17
Particular provisions prevail§ 59A-1-18
General penalty§ 59A-1-2
Definitions§ 59A-1-3
"Insurance Code"§ 59A-1-4
Repealed§ 59A-1-5
"Insurance"Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 59A-44-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-44-21.