New Mexico Statutes
§ 59A-55-23 — Penalties
New Mexico § 59A-55-23
This text of New Mexico § 59A-55-23 (Penalties) 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-55-23 (2026).
Text
A risk retention group that violates any provision of the Risk Retention and Purchasing Group Act shall be subject to fines and penalties applicable to licensed insurers generally, including revocation of its certificate of authority or the right to do business in New Mexico, or both.
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Legislative History
Laws 1988, ch. 125, § 23.
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Repealed§ 59A-1-5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-55-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/59A/59A-55-23.