New Mexico Statutes

§ 66-5-220 — Default by nonresident insurer

New Mexico·Ch. 66 Motor Vehicles·Art. 5 Licensing of Operators and Chauffeurs; Financial
If any insurance carrier not authorized to transact business in New Mexico that has qualified to furnish evidence of financial responsibility defaults in any undertakings or agreements, the department shall not thereafter accept evidence of financial responsibility of that carrier, whether previously filed or thereafter tendered as evidence, so long as the default continues.

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Legislative History

1953 Comp., § 64-24-86, enacted by Laws 1955, ch. 182, § 323; recompiled

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