New Mexico § 52-9-15 - Powers of company
Full text of New Mexico New Mexico Statutes Annotated § 52-9-15 — Powers of company, with citation guidance and answers to common questions.
§ 52-9-15. Powers of company
The company may: A. insure any New Mexico employer for workers' compensation and employer's liability
coverage to the same extent as any other insurer; B. indemnify a New Mexico employer against his liability for workers' compensation
and employer's liability coverage under the laws of any other state for New Mexico
employees temporarily working outside this state if the company insures the employer's
workers who work within this state; C. sue and be sued in all actions arising out of any act or omission in connection
with its business or affairs; D. enter into any contracts or obligations relating to the company that are authorized
or permitted by law; E. issue revenue bonds as authorized pursuant to the Employers Mutual Company Act; F. invest and reinvest money belonging to the company as provided in the Employers
Mutual Company Act; and G. conduct all business and affairs and perform all acts in carrying out its function
whether or not specifically designated in the Employers Mutual Company Act.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 52-9-15
What does New Mexico Statutes Annotated § 52-9-15 cover?
Section 52-9-15 ("Powers of company") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 52-9-15?
A common citation format is "New Mexico Statutes Annotated § 52-9-15" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 52-9-15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.