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§ 59a-10-19 — New Mexico Law | CourtGPT
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  4. Chapter 59a - Insurance Code/
  5. Article 10 - Administration of Deposits; Trusteed Assets of Alien Insurer/
  6. § 59a-10-19
New Mexico Legal Code

§ 59a-10-19

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No judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets or securities held in this state as a deposit for protection of the insurer's policyholders or policyholders and creditors. Levy upon deposits made pursuant to Section 100 [59A-5-33 NMSA 1978] (reciprocity provision) of the Insurance Code shall be permitted if so provided by the superintendent's order under which the deposit is required. History: Laws 1984, ch. 127, § 179.