us-nm/stat
NMSA 1978, § 7-1-6.62 — Distribution; premium tax
A.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the law
enforcement protection fund in an amount equal to ten percent of the net receipts
attributable to the premium tax from life, health, general casualty and title insurance
business.
B.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the fire
protection fund of the net receipts attributable to the premium tax derived from property
and vehicle insurance business.
C.
A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the
emergency medical services fund in an amount equal to five percent of the net receipts
attributable to the premium tax from health insurance business.
Source: official text