Section 59A-5-9 - "Stock" insurer defined.

NM Stat § 59A-5-9 (2019) (N/A)
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A "stock" insurer is an incorporated insurer with capital divided into shares, and owned by its shareholders.

History: Laws 1984, ch. 127, § 76.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance §§ 60 to 64.

44 C.J.S. Insurance § 104 et seq.