Each workers' compensation insurer shall have at least one claims representative within New Mexico, licensed as an adjuster, to pay workers' compensation claims of claimants resident or located in New Mexico. Such claims shall be paid promptly through such representatives from accounts in financial institutions located within New Mexico.
§ 59A-13-11 NMSA 1978
Resident claims representative for payment of workers’ compensation claims
1978 Comp., § 59A-13-11, enacted by Laws 1989, ch. 313, § 2.
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.