Every insurer referred to in Section 521 [ 59A-32-3 NMSA 1978] of this article shall cooperate in the formulation of a plan or plans for the equitable apportionment among such insurers of insurance afforded applicants who are in good faith entitled to, but who are unable to procure, such insurance through ordinary methods.
§ 59A-32-4 NMSA 1978
Assigned risk plan
Known as the Motor Vehicle Assigned Risks Law
The act spans §§ 59–59 (23 sections).
Laws 1984, ch. 127, § 522.
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.