New Mexico Statutes
§ 59A-55-11 — Prohibited acts regarding solicitation or sale
New Mexico § 59A-55-11
This text of New Mexico § 59A-55-11 (Prohibited acts regarding solicitation or sale) 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-55-11 (2026).
Text
The following acts by a risk retention group are prohibited: A. the solicitation or sale of insurance by a risk retention group to any person who is not eligible for membership in such group; and B. the solicitation or sale of insurance by, or operation of, a risk retention group that is in hazardous financial condition or financially impaired.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Laws 1988, ch. 125, § 11.
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Repealed§ 59A-1-5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-55-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-55-11.