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§ 59a-41-38 — New Mexico Law | CourtGPT
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  4. Chapter 59a - Insurance Code/
  5. Article 41 - Conservation, Rehabilitation and Liquidation/
  6. § 59a-41-38
New Mexico Legal Code

§ 59a-41-38

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The superintendent shall from time to time deposit in one or more state or national banks, savings banks or trust companies the monies collected by him in a proceeding under this article. The superintendent may deposit such monies or any part thereof in a national bank or trust company as a trust fund. History: Laws 1984, ch. 127, § 730.