No insurer insuring a workers’ compensation risk arising from the employment of a worker performing work for an employer in New Mexico, when that employer is not domiciled in New Mexico, shall issue any workers’ compensation insurance contract or endorsement of a workers’ compensation insurance contract to cover the described risk except in accordance with filings and rates which are lawfully in effect for the insurer as provided in Sections 59A-17-10 and 59A-18-12 N.M. Stat. Ann..

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Terms Used In New Mexico Statutes 59A-17-10.1

  • Contract: A legal written agreement that becomes binding when signed.