N.M. Stat. § 59A-22-27
Current through 2024, ch. 69
The word "insured" as used in this article shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
NMS § 59A-22-27