New Mexico § 59A-58-13 Business name restrictions

New Mexico Statutes

§ 59A-58-13 — Business name restrictions

New Mexico § 59A-58-13

Ch. 59AInsurance Code

Art. 58Service Contract Regulation

This text of New Mexico § 59A-58-13 (Business name restrictions) 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-58-13 (2026).

Text

A. Except as otherwise provided in this section, a provider shall not include in the name of his business:

(1)the words "insurance", "casualty", "surety", "mutual" or any other word or term that implies that he is engaged in the business of transacting insurance or is a surety company; or (2) a name that is deceptively similar to the name or description of an insurer or surety company or the name of another provider. B. A provider may include the word "guaranty" or a similar word in the name of his business. C. This section does not apply to a provider who, before January 1, 2002, includes in the name of his business a name that does not comply with the provisions of Subsection A of this section. Such a provider shall include in each service contract he issues, sells or offers for sale a

Free access — add to your briefcase to read the full text and ask questions with AI

A. Except as otherwise provided in this section, a provider shall not include in the name of his business: (1) the words "insurance", "casualty", "surety", "mutual" or any other word or term that implies that he is engaged in the business of transacting insurance or is a surety company; or (2) a name that is deceptively similar to the name or description of an insurer or surety company or the name of another provider. B. A provider may include the word "guaranty" or a similar word in the name of his business. C. This section does not apply to a provider who, before January 1, 2002, includes in the name of his business a name that does not comply with the provisions of Subsection A of this section. Such a provider shall include in each service contract he issues, sells or offers for sale a statement that the service contract is not a contract of insurance.