New Mexico Administrative Code
Title 13 - INSURANCE
Chapter 3 - INSURANCE SECURITIES
Part 5 - REGISTRATION OF INSURANCE SECURITIES
Section 13.3.5.16 - MINIMUM PAR VALUE OF DOMESTIC INSURER
Universal Citation: 13 NM Admin Code 13.3.5.16
Current through Register Vol. 35, No. 6, March 26, 2024
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.
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