A "stock" insurer is an incorporated insurer with capital divided into shares, and owned by its shareholders. History: Laws 1984, ch. 127, § 76.
"Stock" insurer defined
NMSA 1978, § 59A-5-9 — under Article 5.
NMSA 1978, § 59A-5-9
NMSA 1978, § 59A-5-9 — under Article 5.
NMSA 1978, § 59A-5-9
A "stock" insurer is an incorporated insurer with capital divided into shares, and owned by its shareholders. History: Laws 1984, ch. 127, § 76.