N.M. Admin. Code § 12.24.2.7
Current through Register Vol. 35, No. 23, December 10, 2024
The term "liquid assets" as used in Section 9 of the Act is defined to mean cash or its equivalent, United States government obligations (direct or guaranteed), securities listed with a nationally recognized stock exchange and current (not more than 30 days overdue) accounts receivable from clients of the applicant.
N.M. Admin. Code § 12.24.2.7