New Mexico § 60-2A-17 - Insurance
Full text of New Mexico New Mexico Statutes Annotated § 60-2A-17 — Insurance, with citation guidance and answers to common questions.
§ 60-2A-17. Insurance
A. The commission may by rule require insurance coverage for each licensed professional
boxer or professional wrestler to provide for medical, surgical and hospital care
for injuries sustained while preparing for or engaged in a professional contest in
an amount of one thousand dollars ($1,000) payable to such boxer or wrestler as beneficiary. B. In lieu of, or in addition to, the insurance provided for in Subsection A of this
section, the commission may establish a voluntary injury fund in the state treasury
to provide for the medical care of a professional boxer or professional wrestler injured
in the course of a professional contest. The fund shall consist solely of voluntary contributions by promoters equal to two
percent of the gross receipts of the professional contest. The funds may be expended upon vouchers signed by the chairman of the commission
and warrants drawn by the secretary of finance and administration.
Frequently Asked Questions About New Mexico § 60-2A-17
What does New Mexico Statutes Annotated § 60-2A-17 cover?
Section 60-2A-17 ("Insurance") 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 § 60-2A-17?
A common citation format is "New Mexico Statutes Annotated § 60-2A-17" (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 § 60-2A-17 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.