# N.M. Stat. § 59A-41-7: “Domiciliary state” defined

> New Mexico · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-7

## Section

- **Citation:** N.M. Stat. § 59A-41-7
- **Heading:** “Domiciliary state” defined
- **Jurisdiction:** New Mexico
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NM Code / Chapter 59A / Article 41 / Section 59A-41-7

## Text

“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.

## Nearby sections

- [N.M. Stat. § 59A-41-1 § 59A-41-1. Short title](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-1.md)
- [N.M. Stat. § 59A-41-2 § 59A-41-2. Scope of article](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-2.md)
- [N.M. Stat. § 59A-41-3 § 59A-41-3. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-3.md)
- [N.M. Stat. § 59A-41-4 § 59A-41-4. “Ancillary state” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-4.md)
- [N.M. Stat. § 59A-41-5 § 59A-41-5. “Creditor” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-5.md)
- [N.M. Stat. § 59A-41-6 § 59A-41-6. “Delinquency proceeding” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-6.md)
- [N.M. Stat. § 59A-41-7 § 59A-41-7. “Domiciliary state” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-7.md)
- [N.M. Stat. § 59A-41-8 § 59A-41-8. “Foreign country” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-8.md)
- [N.M. Stat. § 59A-41-9 § 59A-41-9. “General assets” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-9.md)
- [N.M. Stat. § 59A-41-10 § 59A-41-10. “Impairment” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-10.md)
- [N.M. Stat. § 59A-41-11 § 59A-41-11. “Insolvency” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-11.md)
- [N.M. Stat. § 59A-41-12 § 59A-41-12. “Preferred claim” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-12.md)
- [N.M. Stat. § 59A-41-13 § 59A-41-13. “Receiver” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-13.md)
- [N.M. Stat. § 59A-41-14 § 59A-41-14. “Reciprocal state” defined](https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NM_C59A_A41_S59A-41-7. Check the current official text before relying on it. Not legal advice.