In addition to other provisions of the Insurance Code applicable as to licensing and licensees as referred to in N.M. Stat. Ann. Chapter 59A, Article 51, the following provisions of the Insurance Code shall also apply, subject to the provisions of that article and to extent reasonably so applicable, as though the bail bond business was also an insurance business and licensees were also agents or representatives:

Terms Used In New Mexico Statutes 59A-51-19

  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.

A. N.M. Stat. Ann. Chapter 59A, Article 1; B. N.M. Stat. Ann. Chapter 59A, Article 2; C. N.M. Stat. Ann. Chapter 59A, Article 4; D. N.M. Stat. Ann. Chapter 59A, Article 10; E. Section 59A-12-22 N.M. Stat. Ann.;

F. N.M. Stat. Ann. Chapter 59A, Article 16; and

G. N.M. Stat. Ann. Chapter 59A, Article 6.