"Insurer"; "authorized insurer"
Known as the New Mexico Insurance Code
The act spans §§ 59–59 (21 sections).
Laws 1984, ch. 127, § 8.
A. "Insurer" includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance.
B. An "authorized insurer" is a [an] insurer holding a valid and subsisting certificate of authority, issued by the superintendent, to transact insurance in this state.
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.