Section 59A-1-8 - "Insurer"; "authorized insurer".

NM Stat § 59A-1-8 (2019) (N/A)
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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.

History: Laws 1984, ch. 127, § 8.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.