The purpose of the Self-Insurers' Guarantee Fund Act is to provide a guarantee fund for self-insurers to protect the workers and the families of workers employed by self-insurers who become insolvent. The Self-Insurers' Guarantee Fund Act is designed to help ensure the integrity and financial health of the workers' compensation and occupational disease disablement system as it applies to self-insurers in New Mexico.
§ 52-8-2 NMSA 1978
Purpose
Known as the Self-Insurers' Guarantee Fund Act
The act spans §§ 52–52 (12 sections).
Laws 1990 (2nd S.S.), ch. 2, § 110.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.