2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 12: Insurance Agents, Brokers and Solicitors, 59A-12-1 through 59A-12-26.1
Section 59A-12-12: General qualifications for individual agent, broker or solicitor license.


NM Stat § 59A-12-12 (1996 through 1st Sess 50th Legis) What's This?

59A-12-12. General qualifications for individual agent, broker or solicitor license.

For the protection of the public in New Mexico, the superintendent shall not issue, continue or permit to exist a license to an individual as agent, broker or solicitor except as to an individual qualified as follows:

A. must be eighteen years of age or older;

B. must have passed any examination required for licensing;

C. must be competent, trustworthy and financially responsible;

D. if for license as an agent, must be appointed as an agent by an authorized insurer, subject to issuance of a license;

E. if for license as a solicitor, must be employed as a solicitor by a licensed agent, subject to issuance of the license; and

F. must be in compliance with other applicable qualifications and requirements of the Insurance Code.

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