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§ 59A-17-10.1 NMSA 1978

Workers' compensation insurance; policy and rate required for employers not domiciled in state

Known as the Insurance Rate Regulation Law

The act spans §§ 59–59 (46 sections).

Laws 1978 Comp., § 59A-17-10.1, enacted by Laws 1988, ch. 119, § 2.

No insurer insuring a workers' compensation risk arising from the employment of a worker performing work for an employer in New Mexico, when that employer is not domiciled in New Mexico, shall issue any workers' compensation insurance contract or endorsement of a workers' compensation insurance contract to cover the described risk except in accordance with filings and rates which are lawfully in effect for the insurer as provided in Sections 59A-17-10 and 59A-18-12 NMSA 1978.

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.