N.M. Stat. § 59A-41-7
Current through 2024, ch. 69
"Domiciliary state" means the state in which an insurer is incorporated or organized or, as to an alien insurer, the state in which at commencement of delinquency proceedings the larger amount of the insurer's assets are held in trust or on deposit for the benefit of its policyholders and creditors in the United States.
NMS § 59A-41-7