There is a newer version of the New Mexico Statutes
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-12-9: Controlled business; exception.
NM Stat § 59A-12-9 (1996 through 1st Sess 50th Legis) What's This?
59A-12-9. Controlled business; exception.
Section 59A-12-8 NMSA 1978 shall not be construed to prohibit the issuance or the remaining in force of a license to sell credit life, health and accident insurance, lienholders collateral protection insurance or mortgage guaranty insurance held by a creditor.
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