N.M. Admin. Code § 13.3.5.16

Current through Register Vol. 35, No. 24, December 23, 2024
Section 13.3.5.16 - MINIMUM PAR VALUE OF DOMESTIC INSURER

The par value of each capital stock insurer organized under the laws of the state of New Mexico shall be stated in the articles of incorporation and shall be not less than five dollars ($5.00) per share.

N.M. Admin. Code § 13.3.5.16

12/1/85; Recompiled 11/30/01