The cash dividend or credit to an employer shall be an amount that the board in its discretion considers appropriate.
§ 52-9-12 NMSA 1978
Amount of dividends or credits
Known as the Employers Mutual Company Act
The act spans §§ 52–52 (25 sections).
Laws 1990 (2nd S.S.), ch. 2, § 132.
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.