New Mexico § 66-5-224 Act not to affect other policies

New Mexico Statutes

§ 66-5-224 — Act not to affect other policies

New Mexico·Ch. 66 Motor Vehicles·Art. 5 Licensing of Operators and Chauffeurs; Financial

A.The Mandatory Financial Responsibility Act does not apply to or affect policies of motor vehicle insurance against liability which may now or hereafter be required by any other law of New Mexico, and such policies, if they contain an agreement or are endorsed to conform with the requirements of the Mandatory Financial Responsibility Act, may be considered as evidence of financial responsibility under that act.

B.The Mandatory Financial Responsibility Act does not apply to or affect policies insuring solely the insured named in the policy against liability resulting from the maintenance or use by persons in the insured's employ or on his behalf of motor vehicles not owned by the insured.

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

A. The Mandatory Financial Responsibility Act does not apply to or affect policies of motor vehicle insurance against liability which may now or hereafter be required by any other law of New Mexico, and such policies, if they contain an agreement or are endorsed to conform with the requirements of the Mandatory Financial Responsibility Act, may be considered as evidence of financial responsibility under that act. B. The Mandatory Financial Responsibility Act does not apply to or affect policies insuring solely the insured named in the policy against liability resulting from the maintenance or use by persons in the insured's employ or on his behalf of motor vehicles not owned by the insured.

New Mexico § 66-5-224 (Act not to affect other policies) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.