§ 59A-5A-1 Short title
§ 59A-5A-2 Definitions
§ 59A-5A-3 Risk-based capital reports
§ 59A-5A-4 Company action level event
§ 59A-5A-5 Regulatory action level event
§ 59A-5A-6 Authorized control level event
§ 59A-5A-7 Mandatory control level event
§ 59A-5A-8 Challenge hearings
§ 59A-5A-9 Confidentiality; prohibition on announcements;
§ 59A-5A-10 Supplemental provisions; rules; exemption
§ 59A-5A-11 Foreign insurers
§ 59A-5A-12 Immunity
§ 59A-5A-13 Notices

Terms Used In New Mexico Statutes > Chapter 59A > Article 5A - Risk-Based Capital

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Statute: A law passed by a legislature.