§ 52-9-1 Short title
§ 52-9-2 Findings and purpose
§ 52-9-3 Definitions
§ 52-9-4 Employers mutual company created; organized as a domestic mutual insurance company
§ 52-9-5 Company’s board of directors; appointment; powers
§ 52-9-6 Board; directors as appointed public officials of state;
§ 52-9-7 President
§ 52-9-8 Exclusion of state’s liability
§ 52-9-9 Use of company assets
§ 52-9-10 Company to be competitive; safety incentives and penalties; loss control, case management and utilization review
§ 52-9-11 Annual accountings; possible dividends and credits
§ 52-9-12 Amount of dividends or credits
§ 52-9-13 Ability of company to transact workers’ benefits insurance
§ 52-9-14 Investment counsel
§ 52-9-15 Powers of company
§ 52-9-16 Powers of president
§ 52-9-17 Company audit
§ 52-9-18 Company assets
§ 52-9-19 Money and property of the company
§ 52-9-20 No state appropriation
§ 52-9-21 Exemption from and applicability of certain laws
§ 52-9-22 Marketing
§ 52-9-23 Annual report
§ 52-9-24 Loan fund created
§ 52-9-25 Authorization to issue revenue bonds
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Terms Used In New Mexico Statutes > Chapter 52 > Article 9 - Employers Mutual Company

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.