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New Mexico Statutes 52-9-19. Money and property of the company

New Mexico Statutes > Chapter 52 > Article 9 > § 52-9-19 - Money and property of the company


Current as of: 2010

All premiums and other money paid to the company, all property and securities acquired through the use of money belonging to the company and all interest and dividends earned upon money belonging to the company and deposited or invested by the company are the sole property of the company and shall be used exclusively for the operation and obligations of the company. The money of the company is not state money. The property of the company is not state property.

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New Mexico Laws: Workers Compensation Insurance

New Mexico Statutes Chapter 52 > Article 6 - Group Self-Insurance
New Mexico Statutes Chapter 52 > Article 8 - Self-Insurers' Guarantee Fund Act
New Mexico Statutes Chapter 52 > Article 9 - Employers Mutual Company
New Mexico Statutes Chapter 59A > Article 33 - Workers' Compensation Insurance Contracts and Assigned Risks
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