A 'reciprocal' insurer is an unincorporated aggregation of subscribers operating individually and collectively through an attorney-in-fact common to all such persons to provide insurance on basis of reciprocity among themselves. History: Laws 1984, ch. 127, § 75. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 43 Am. Jur. 2d Insurance §§ 77 to 83. 46A C.J.S. Insurance § 1709 et seq.
New Mexico Legal Code