The following deposits of insurers when made with the state treasurer through the superintendent shall be accepted and held in trust, subject to the provisions of Sections 161 through 170 N.M. Stat. Ann. § 59A-10-1 to 59A-10-10 of this article:

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

A. deposits required under the Insurance Code for authority to transact insurance in this state;

B. deposits of domestic insurers when made pursuant to laws of other states, provinces or countries as requirement for authority to transact insurance therein; and

C. deposits in such additional amounts as permitted under Section 166 [59A-10-6 N.M. Stat. Ann.] (excess deposits) of this article.