No insurer shall pay any salary, compensation or emolument to any officer or director thereof unless such payment has been duly authorized by the insurer's board of directors. History: Laws 1984, ch. 127, § 555.
Salaries of officers, directors
NMSA 1978, § 59A-34-9 — under Article 34.
NMSA 1978, § 59A-34-9