§ 59A-41-7. “Domiciliary state” defined

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NM Code › Chapter 59A › Article 41 › Section 59A-41-7

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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“Domiciliary state” means the state in which an insurer is incorporated or organized or, as to an alien insurer, the state in which at commencement of delinquency proceedings the larger amount of the insurer's assets are held in trust or on deposit for the benefit of its policyholders and creditors in the United States.

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