“Reciprocal state” means any state other than this state in which in substance and effect the provisions of the Uniform Insurers Liquidation Act N.M. Stat. Ann. § 59A-41-17 to 59A-41-23 are in force, including provisions requiring that the commissioners, director, superintendent of insurance or the equivalent insurance supervisory officer be the receiver of a delinquent insurer; and in which effective provisions exist for avoidance of fraudulent conveyances and unlawful preferential transfer.