New Mexico Statutes

§ 59A-45-2 — Definitions

New Mexico § 59A-45-2
JurisdictionNew Mexico
Ch. 59AInsurance Code
Art. 45Premium Financing

This text of New Mexico § 59A-45-2 (Definitions) 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-45-2 (2026).

Text

As used in this article: A. "person" means any individual, corporation, association, partnership or any other legal entity; B. "insurance policy" or "insurance contract" means any contract of insurance, indemnity, medical or hospital services, suretyship or annuity issued, proposed for issuance or intended for issuance by any person; C. "insurance premium finance agreement" means an agreement by which an insured or a prospective insured promises to pay to any person engaged in the business of premium financing, the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or broker in payment of premiums on an insurance contract; and D. "insurance premium finance company" means a person engaged in the business of entering into insurance premium finance ag

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Legislative History

Laws 1984, ch. 127, § 832.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 59A-45-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-45-2.