Employers mutual company created; organized as a

NMSA 1978, § 52-9-4 — under Article 9.

NMSA 1978, § 52-9-4

domestic mutual insurance company. The "employers mutual company" is created as a nonprofit, independent, public corporation for the purpose of insuring employers against the risk of liability for payment of benefits claims to workers. The company shall be organized as a domestic mutual insurance company and shall be domiciled in a class A county. History: Laws 1990 (2nd S.S.), ch. 2, § 124.